Oil prices rose slightly on Friday after ceasefire violations by Israel and Hezbollah and the postponement of an OPEC meeting revived supply…
Energy | Petroleum
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Energy | PetroleumNews
US gasoline stocks rose more than expected last week
by BUNKERISTby BUNKERISTOil prices fell Thursday after a surprise rise in US gasoline stocks, with investors focused on this weekend’s OPEC+ meeting. Brent crude…
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Energy | PetroleumNews
Oil prices steady ahead of Israel-Hezbollah ceasefire, OPEC+ producer meeting on Sunday
by BUNKERISTby BUNKERISTOil prices steadied on Wednesday as markets assessed the potential impact of a ceasefire agreement between Israel and Hezbollah and ahead of…
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Energy | PetroleumNews
Oil steadies on talk of possible Middle East ceasefire
by BUNKERISTby BUNKERISTOil prices rose slightly in early trading on Tuesday after falling in the previous session as investors discussed a possible ceasefire between…
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Energy | PetroleumNews
Oil prices hit 2-week peak as Ukraine geopolitical risk premium rises
by BUNKERISTby BUNKERISTOil prices climbed nearly 1% on Friday to hit a two-week high as the intensifying war in Ukraine this week increased the…
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Energy | PetroleumNews
Oil heads for weekly gains as Putin warns of global conflict
by BUNKERISTby BUNKERISTOil prices extended gains on Friday, heading for a weekly gain of more than 4% as the Ukraine war intensified as Russian…
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Energy | PetroleumNews
Geopolitical tensions lift petrol, rising US oil inventories cap gains
by BUNKERISTby BUNKERISTOil prices rose marginally on Thursday, buoyed by geopolitical concerns over rising tensions between Russia and Ukraine. A bigger-than-expected increase in US…
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Energy | PetroleumNews
Oil trades sideways on supply concerns over the Russia-Ukraine conflict, signs of rising Chinese imports
by BUNKERISTby BUNKERISTOil prices were steady for a second day on Wednesday as escalating hostilities in the Ukraine war could disrupt Russia’s oil supplies.…
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Energy | PetroleumNews
Oil prices rise on supply disruptions, fears of escalation in Russia-Ukraine war
by BUNKERISTby BUNKERISTOil prices rose on Tuesday amid fears of an escalation in the Russia-Ukraine war and a halt to production at Norway’s Johan…
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Energy | PetroleumNews
Oil prices rose on Monday after Russia-Ukraine tensions intensified over the weekend
by BUNKERISTby BUNKERISTOil prices rose on Monday after Russia-Ukraine tensions intensified over the weekend. Still, concerns about fuel demand in China, the world’s second-largest…