Oil prices rose on Wednesday, supported by expectations of lower US crude inventories and the latest output cut targets set by the …
Energy | Petroleum
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Energy | PetroleumNews
Oil rose as market attention turned to the demand outlook and the impact of higher prices on the global economy
by BUNKERISTby BUNKERISTOil rose on Tuesday after OPEC+’s plans to cut production further rattled markets the previous day, as investors’ attention turned to demand …
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Energy | PetroleumNews
Oil prices rise $5 per barrel after OPEC+ announces production cuts
by BUNKERISTby BUNKERISTOil prices rose on Monday, rocked by OPEC+’s surprise announcement to further cut production, which it calls a precautionary measure to support …
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Energy | PetroleumNews
Oil rose 1% as some regional supplies slumped and US inflation data showed price gains slowing
by BUNKERISTby BUNKERISTOil rose more than a dollar a barrel on Friday for the second week in a row as supply slumped in parts …
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Energy | PetroleumNews
Oil fell slightly amid uncertainty over the impact of upcoming US economic data on the dollar
by BUNKERISTby BUNKERISTIn Asian trade on Friday, oil prices fell slightly as the bullish sentiment over Chinese demand and possible supply cuts in the …
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Oil is almost flat on Thursday as investors watched developments on Iraq’s oil exports closely, as a surprise drop in US crude …
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Energy | PetroleumNews
The halt to some exports from northern Iraq increased concerns about the contraction in supply
by BUNKERISTby BUNKERISTCrude oil prices rose in the third session on Wednesday as the halting of some exports from northern Iraq raised concerns about …
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Energy | PetroleumNews
Markets focused on the banking crisis and stronger demand in China, oil prices soften on Tuesday
by BUNKERISTby BUNKERISTCrude oil prices slumped on Tuesday after rebounding in the previous session as markets focused on developments in the banking crisis and …
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Energy | PetroleumNews
Oil markets calm despite the banking crisis and Putin’s statements escalating geopolitical tensions
by BUNKERISTby BUNKERISTOil prices stabilized in Asian trade on Monday as investors sought clues from the broader financial markets, while Russian President Vladimir Putin’s …
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Energy | PetroleumNews
Oil remains calm amid concerns over European banks and US crude reserves
by BUNKERISTby BUNKERISTOil prices fell on Friday after European banking stocks plummeted and ABD said refilling the country’s Strategic Petroleum Reserve (SPR) may take …