Oil prices fell on Tuesday after two consecutive gaining sessions as US infrastructure legislation passed, Chinese exports and the post-pandemic global recovery …
Energy | Petroleum
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Energy | PetroleumNews
Oil rises when Saudi Aramco raises crude oil sales price
by BUNKERISTby BUNKERISTOil prices rose on Monday after Saudi Arabian state-owned oil producer Aramco raised the official selling price for its crude, showing demand …
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Energy | PetroleumNews
OPEC+ producers reject calls for boosting output as demand approaches pre-pandemic levels
by BUNKERISTby BUNKERISTCrude oil prices rose on Friday amid renewed supply concerns, after OPEC+ producers turned down calls to boost production increases even as …
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Energy | PetroleumNews
Oil prices fell as Saudi Arabia oil production said to be exceeded soon 10 million barrels per day
by BUNKERISTby BUNKERISTOil reversed previous gains in a choppy session and prices fell on Thursday, after a report that Saudi Arabian oil production will …
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Energy | PetroleumNews
Oil drops further after Iran nuclear talks resumption accepted
by BUNKERISTby BUNKERISTOil prices continued their decline on Thursday, pushing US futures below $80 a barrel after Iran and world powers agreed to restart …
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Energy | PetroleumNews
Oil prices fall as US crude and distillate stockpiles rise sharply
by BUNKERISTby BUNKERISTOil prices fell on Wednesday as industry data pointed to a large rise in stockpiles of crude and distillates in the United …
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Energy | PetroleumNews
Oil prices hold steady as OPEC stays below expected output growth rate last month
by BUNKERISTby BUNKERISTOil prices held steady on Tuesday as OPEC fell short of expected output growth last month and China, the world’s largest oil …
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Energy | PetroleumNews
Oil prices rise on strong demand and expectations that OPEC+ will stick to its discipline
by BUNKERISTby BUNKERISTOil prices reversed and rose on Monday despite losses caused by China releasing fuel reserves, the world’s largest energy consumer, on strong …
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Energy | PetroleumNews
Oil producers’ third-quarter net profits increased more than predicted
by BUNKERISTby BUNKERISTSaudi Arabian state oil producer Aramco said on Sunday that its third-quarter net profit more than doubled, boosted by higher crude oil …
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Energy | PetroleumNews
Oil prices rebound, rise ahead of next week’s OPEC meeting
by BUNKERISTby BUNKERISTU.S. crude prices rose on Friday and turned positive after an early decline, bolstered by expectations that the Organization of the Petroleum …