As Europe and the United States grapple with the rise in new coronavirus infections, oil prices fell more than 3% on Tuesday …
Energy | Petroleum
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Oil prices rose 1% on Monday as global stocks soared on expectations of another US stimulus package. However, concerns about demand, created …
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Oil prices remain steady on Monday, but are on their way to the first monthly decline since April as rising coronavirus cases …
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Energy | PetroleumNews
Rising COVID-19 cases and concerns over supply reduce oil
by BUNKERISTby BUNKERISTOil fell on Friday, dropping more than 2% weekly due to the global increase in COVID-19 cases and the expectation that oil …
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Energy | PetroleumNews
Oil moves towards weekly decline amid growing demand concerns
by BUNKERISTby BUNKERISTOil prices rose on Friday, but may be closed with a weekly drop due to growing concerns about the impact of the …
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Oil traded close to $ 42 a barrel on Wednesday. The US crude oil stocks unexpectedly increased their cap prices, and a …
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Energy | PetroleumNews
Oil down 5% on rising virus cases and weakening economic outlook
by BUNKERISTby BUNKERISTOil prices fell about 5% on Monday. Rising COVID-19 infection rates in Europe and other countries lead to renewed lockdown measures and …
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While successive tropical storms in the Gulf of Mexico caused limited losses, rising coronavirus cases and Libya’s return to potential production raised …
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Energy | PetroleumNews
Libya’s start of supply, OPEC +’s efforts to keep the supply under control
by BUNKERISTby BUNKERISTOil prices remained unchanged on Friday, following the rumors coming from Libya that the blockade of the country’s oil exports will be …
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Energy | PetroleumNews
Oil rises after the warning about compliance with quotas
by BUNKERISTby BUNKERISTOil prices rose for the fourth day in a row on Friday, after Saudi Arabia pressured their allies to stick to production …