Oil prices rebounded on Thursday after falling more than a dollar a barrel the previous day, supported by strong fuel demand data …
Energy | Petroleum
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Energy | PetroleumNews
Oil slumps as rising US oil stocks and investors focus on inflation data
by BUNKERISTby BUNKERISTOil prices fell on Wednesday, ending their three-day rally as an unexpected rise in US oil inventories raised demand concerns and investors …
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Energy | PetroleumNews
Oil prices return some of their strong gains ahead of US inflation data
by BUNKERISTby BUNKERISTOil prices slumped on Tuesday, giving up some of their strong gains from the previous two sessions, and the market remained cautious …
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Energy | PetroleumNews
Oil prices soar as recession fears begin to decline
by BUNKERISTby BUNKERISTOil prices rose on Monday as fears of a recession began to abate after the US fell for three consecutive weeks for …
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Energy | PetroleumNews
Oil prices rose, but fell for the third week in a row on economic woes
by BUNKERISTby BUNKERISTOil prices rose on Friday, but fell for the third week in a row after a sharp drop earlier this week ahead …
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Energy | PetroleumNews
Oil rises, but is poised to end the third week with losses due to demand concerns
by BUNKERISTby BUNKERISTOil prices rose in Asian trade on Friday, but are poised for a third straight week of losses after markets witnessed dramatic …
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Energy | PetroleumNews
Oil prices rebound slightly after three days of decline
by BUNKERISTby BUNKERISTOil prices rebounded slightly on Thursday, but failed to return the more than 9% decline in the previous three days as demand …
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Energy | PetroleumNews
Oil widens losses as policy on rate hikes is unclear
by BUNKERISTby BUNKERISTOil extended its losses on Wednesday after falling 5% in the previous session as investors price expectations of rate hikes in the …
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Energy | PetroleumNews
Oil continues its decline after falling above $1 in the previous session
by BUNKERISTby BUNKERISTOil prices slumped in Asian trade on Tuesday, adding to losses seen in the previous session as weak economic data from China …
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Energy | PetroleumNews
Oil prices drop as the threat of US rate hikes and weak Chinese data outweigh supply disruptions
by BUNKERISTby BUNKERISTOil prices fell on Monday as concerns over the economic impact of the Federal Reserve’s potential to raise interest rates and weak …