Oil rose more than 1% on Monday as China’s economic figures and US vaccination rates signal a strong recovery in demand in…
Energy | Petroleum
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The second wave of coronavirus outbreak in India struck the expected strong recovery in consumption in developed countries and China in the…
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Oil prices are supposed to rise this year as vaccines stimulate demand and OPEC + constrains supply, but the worsening COVID crisis…
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Oil prices surged gains on Thursday after gaining 1% in the previous session. The prospect of increased demand for this summer outweighs…
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Energy | PetroleumNews
Oil soars despite COVID growth in India, and OPEC + production increase
by BUNKERISTby BUNKERISTOil prices soared on Tuesday as OPEC + and its allies including Russia being stuck to the plans on slightly increasing production…
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Energy | PetroleumNews
Heavy COVID incidences in India increases the price
by BUNKERISTby BUNKERISTOil rose to $ 66 a barrel on Tuesday amid speculation at the OPEC + meeting that the coronavirus crisis in India…
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Energy | PetroleumNews
New coronavirus news from India and Japan is stretching the market
by BUNKERISTby BUNKERISTIndia is the world’s third largest oil importer. Oil prices dropped $ 1 on Monday, fearing that demand for fuel will decline…
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On Thursday, New York City sued Exxon Mobil Corp, BP Plc, Royal Dutch Shell, and the American Petroleum Institute industry group. It…
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President Vladimir Putin wants Russia’s total net greenhouse gas emissions to be less than the European Union’s over the next 30 years,…
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OPEC + is going to a largely technical meeting next week where major changes in policy are unlikely. They agreed to ease…