Oil prices fell 4% on Monday due to US presidential election and the expansion of coronavirus measures concerns in Europe that would …
Energy | Petroleum
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Energy | PetroleumNews
Oil recorded second monthly drop due to demand concerns
by BUNKERISTby BUNKERISTIncreasing COVID-19 cases raised concerns about the fuel consumption outlook, as oil fell on Friday, with a second consecutive monthly drop. Brent …
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Rising coronavirus cases and statistics are keeping demand concerns fresh. Oil prices are likely to stay in the $ 40-45 range a …
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Oil prices fell to a five-month low on Thursday. The impact of the renewed coronavirus lockdowns a day ago, on oil demand …
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Energy | PetroleumNews
Oil is down by over 5% due to increase in Pandemic, U.S. crude oil stocks and production
by BUNKERISTby BUNKERISTLeading expectations that demand will decline such as rising coronavirus infections in the United States and Europe, re-lockdowns, and the unstable economy …
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Energy | PetroleumNews
Oil increased 2% after the oil platforms were closed due to hurricane
by BUNKERISTby BUNKERISTRising coronavirus infections and Libya supply limited the gains. Crude oil soared on Tuesday as some oil companies stopped U.S. Gulf oil …
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Oil surged to $ 41 on Tuesday as some oil companies halted U.S. Gulf of Mexico oil production due to the hurricane …
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Energy | PetroleumNews
Oil is on the rise, but coronavirus is still the major concern
by BUNKERISTby BUNKERISTOil prices soared on Tuesday after recent sharp losses, but the market is worried as global COVID-19 cases are rising, and demand …
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Energy | PetroleumNews
Virus cases and Libya production increase, oil falls
by BUNKERISTby BUNKERISTIncreasing coronavirus cases in the US and Europe raise concerns about energy demand, while Libya’s rapidly growing production is also putting pressure …
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Energy | PetroleumNews
Oil down nearly 2% on Libyan production and COVID-19 demand concerns
by BUNKERISTby BUNKERISTOil fell nearly 2% on Friday, driven by an increase in Libya’s crude oil supply. It also closed the week low due …