Oil prices fell from a 10-month high on Wednesday ahead of the US Federal Reserve’s interest rate decision; There is uncertainty about …
Category:
Energy | Petroleum
-
-
Energy | PetroleumNews
Oil rose as production declines in the US raised concerns about production cuts by Saudi Arabia and Russia
by BUNKERISTby BUNKERISTOil prices rose for a fourth straight session on Tuesday as weak shale gas production in the United States raised concerns about …
-
Energy | PetroleumNews
Oil rises in fourth quarter on forecasts of widening supply gap and recovery in Chinese demand
by BUNKERISTby BUNKERISTOil prices rose for the third consecutive session on Monday, driven by forecasts that the supply gap will widen in the fourth …
-
Energy | PetroleumNews
Oil prices rose 4 percent on a weekly basis, reaching a 10-month high on Friday
by BUNKERISTby BUNKERISTOil prices hit a 10-month high on Friday, posting a third weekly rise on optimism about a supply squeeze caused by production …
-
Energy | PetroleumNews
Oil is set to rise for the third week with better-than-expected Chinese data
by BUNKERISTby BUNKERISTOil prices rose on Friday and are poised for a third week of gains as better-than-expected Chinese economic data and data on …
-
Energy | PetroleumNews
Oil prices rebound as markets refocus on supply squeeze for the remainder of 2023
by BUNKERISTby BUNKERISTOil prices rebounded on Thursday as markets focused their attention on the outlook for tighter crude oil supply through the remainder of …
-
Energy | PetroleumNews
Oil prices approach 10-month high amid supply tightness
by BUNKERISTby BUNKERISTOil rose on Wednesday. The market consolidated its position near the 10-month peak reached in previous transactions, as supply concerns regarding OPEC+ …
-
Energy | PetroleumNews
Brent continues to remain above the $90/barrel level reached last week
by BUNKERISTby BUNKERISTBrent crude futures traded above $90 a barrel on Tuesday as investors await macroeconomic data that could indicate whether interest rates in …
-
Energy | PetroleumNews
Oil prices slumped on Monday due to the burden of the stronger dollar and economic concerns in China
by BUNKERISTby BUNKERISTOil prices fell on Monday as the stronger dollar and economic concerns in China weighed on the fuel demand outlook; however, Brent …
-
Energy | PetroleumNews
Oil prices hit a nine-month high on concerns over supply shortages
by BUNKERISTby BUNKERISTOil prices rose nearly 1 percent to a nine-month high on Friday, boosted by rising U.S. diesel futures and concerns about oil …
