Oil prices rose on Friday. Some of the previous day’s sharp losses came back as stock markets strengthened and the US dollar …
Energy | Petroleum
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Energy | PetroleumNews
Oil loss prolonged, U.S. pipeline operation restarted
by BUNKERISTby BUNKERISTIn India, the third largest oil consumer in the world, the coronavirus continues with a heavy impact and the Colonial Pipeline, which …
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Energy | PetroleumNews
Prices drop as COVID crisis in India brakes oil rally
by BUNKERISTby BUNKERISTCrude oil rose to its highest level in eight weeks after the IEA and OPEC predicted a recovery in global demand. However, …
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Oil prices soared on Wednesday amid signals of rapid economic recovery and optimistic forecast signals of energy demand backed by vaccines against …
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Oil prices soared on Wednesday after the decline in US crude inventories reinforced OPEC’s strong demand outlook, and the market focused on …
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Some Gulf Coast refineries reduced production due to cuts in the largest oil pipeline system in the US. Oil prices plummeted on …
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Energy | PetroleumNews
Crude oil prices soared on Monday after the cyber attack
by BUNKERISTby BUNKERISTCrude oil prices soared on Monday following the cyber attack that forced the US to shut down critical fuel supply pipelines and …
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Energy | PetroleumNews
Oil prices increased on a weekly basis despite worrying virus news
by BUNKERISTby BUNKERISTOil prices eased on Friday, but made a weekly gain, with the backdrop of optimism about the global economic recovery, despite the …
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Energy | PetroleumNews
Oil prices fell 1% on concerns of epidemic increase in India
by BUNKERISTby BUNKERISTOil prices plummeted on Thursday, reversing early gains under pressure from rising COVID-19 infections in India and elsewhere. However, prices received some …
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Energy | PetroleumNews
Demand expectations increase sensitivity, while oil rises above 1%
by BUNKERISTby BUNKERISTOil rose more than 1% on Monday as China’s economic figures and US vaccination rates signal a strong recovery in demand in …