The expectations of the US oil industry to support shale oil went by the board. The U.S. Department of Energy removed the …
Category:
Energy | Petroleum
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Energy | PetroleumNews
Oil fluctuates with the hopes of stimulus and fears of demand
by BUNKERISTby BUNKERISTOil prices are fluctuating on Friday, as policymakers are assessing the potential benefits of incentive efforts to counter the destruction caused by …
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Oil prices dropped more than $ 1 on Thursday, despite the expectations that the $ 2 trillion US stimulus package would support …
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Energy | PetroleumNews
Despite the stimulus, oil prices continue to decline as demand shrinks
by BUNKERISTby BUNKERISTOil prices dropped on Thursday, with expectations of a rapidly decreasing demand, after three-day gains. Brent crude LCOc1 futures fell 64 cents, …
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Energy | PetroleumNews
The current conditions of the oil industry is not heartwarming at all
by BUNKERISTby BUNKERISTCoronavirus pandemic reduced fuel consumption. Saudi Arabia keeps being in a price war with its competitors in line with threatens and keeps …
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Oil prices surged in the third session on Wednesday and soared with wider financial markets, as the U.S. is expected to approve …
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Energy | PetroleumNews
Oil prices fluctuate little with hopes of aid package against falling demand
by BUNKERISTby BUNKERISTOil prices rose moderately on Tuesday, the heavy pressure of the coronavirus pandemic on demand and prospects for the upcoming $ 2 …
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Energy | PetroleumNews
Oil prices rise while US increases economic support measures
by BUNKERISTby BUNKERISTOil prices rose on Tuesday in the hope that the U.S. will soon reach an agreement on a $ 2 trillion coronavirus …
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In Russia’s oil market share war with Saudi Arabia, the ruble gave an advantage to the Russians with a sharp decline, costs …
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Energy | PetroleumNews
Maritime events are being delayed further by coronavirus
by BUNKERISTby BUNKERISTSome maritime events have been rescheduled in spite of the coronavirus. Industry conferences planned by the American Association of Port Authorities, Women’s …
