Oil prices stabilized on Thursday after a two-day drop, reflecting the mixed but recovering economic recovery after the world epidemic. US demand …
Energy | Petroleum
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Energy | PetroleumNews
Oil prices drop due to fears of inflation, and rising infections in Asia
by BUNKERISTby BUNKERISTOil prices fell for the second day Wednesday amid renewed demand concerns amid rising coronavirus cases in Asia and fears of rising …
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Oil prices soared on Tuesday with the hopes for a solid recovery in fuel demand after the reopened US and European economies …
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Energy | PetroleumNews
COVID-19 restrictions in Asia affect oil sensitivity
by BUNKERISTby BUNKERISTOil prices were mixed in a narrow range on Monday after the recovery of the colonial pipeline network eased supply concerns. Rising …
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Energy | PetroleumNews
Oil prices soar as the U.S. fuel pipeline restarts, but COVID concerns still prevail
by BUNKERISTby BUNKERISTOil prices rose on Friday. Some of the previous day’s sharp losses came back as stock markets strengthened and the US dollar …
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Energy | PetroleumNews
Oil loss prolonged, U.S. pipeline operation restarted
by BUNKERISTby BUNKERISTIn India, the third largest oil consumer in the world, the coronavirus continues with a heavy impact and the Colonial Pipeline, which …
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Energy | PetroleumNews
Prices drop as COVID crisis in India brakes oil rally
by BUNKERISTby BUNKERISTCrude oil rose to its highest level in eight weeks after the IEA and OPEC predicted a recovery in global demand. However, …
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Oil prices soared on Wednesday amid signals of rapid economic recovery and optimistic forecast signals of energy demand backed by vaccines against …
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Oil prices soared on Wednesday after the decline in US crude inventories reinforced OPEC’s strong demand outlook, and the market focused on …
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Some Gulf Coast refineries reduced production due to cuts in the largest oil pipeline system in the US. Oil prices plummeted on …