Oil prices were on track to lose more than 5% weekly as new quarantines hurting the fuel demand outlook in countries facing …
Energy | Petroleum
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Energy | PetroleumNews
Oil prices suffer biggest loss streak since February 2020
by BUNKERISTby BUNKERISTOil slumped for the sixth day in the longest streak of losses since February 2020, as the rise in worldwide COVID-19 cases …
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Energy | PetroleumNews
Oil stable, Delta outbreaks shake demand expectations
by BUNKERISTby BUNKERISTOil prices calmed on Wednesday after four days of slumping as investors were wary of expectations for stronger fuel demand as transportation …
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Energy | PetroleumNews
Oil prices outpace early gains amid concerns over COVID case rise
by BUNKERISTby BUNKERISTOil prices started the day fluctuating. Expectations that major producers won’t increase supply anytime soon were offset by concerns about slowing global …
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Oil prices fell more than 1% on Monday. Official data fell for the third consecutive session after Chinese refining volume and economic …
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Oil prices dipped on Friday and ended the week with little changes after weathering concerns from banks and the International Energy Agency …
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Energy | PetroleumNews
Losses increased as Delta variant slows demand recovery
by BUNKERISTby BUNKERISTOil prices fell for a second day on Friday after the International Energy Agency warned that demand growth for crude oil and …
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Energy | PetroleumNews
Oil prices hold steady after US oil demand raises low supply concerns
by BUNKERISTby BUNKERISTWhile economies ease coronavirus restrictions oil prices held steady on Thursday after two days of gains after the United States, the world’s …
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Energy | PetroleumNews
Oil slumps on Delta threat and Chinese fuel demand concerns
by BUNKERISTby BUNKERISTOil prices fell on Wednesday due to lowered forecasts for fuel demand in China after mobility restrictions stemming from the spread of …
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Oil prices rose on Tuesday and rose from a three-week low in the previous session. However, gains are likely to remain limited …