Talks between the Organization of the Petroleum Exporting Countries and its allies broke down earlier this month after the UAE objected to …
Energy | Petroleum
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Oil prices fell amid new concerns about demand after data showed China’s crude imports fell in the first half of the year. …
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Tighter supplies and prospects for further declines in US crude inventories provide support for oil prices. However, fears over the spreading COVID-19 …
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Oil prices fell after the Organization of the Petroleum Exporting Countries and its allies failed to reach an agreement to increase production …
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Oil prices rose for a second day on Friday as the market reacted to falling US inventories and strong Asian demand from …
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Energy | PetroleumNews
Oil is mixed up amid US stockpile’s decline and OPEC+ dispute
by BUNKERISTby BUNKERISTOil prices were mixed on Friday as US inventories plummet and global supply uncertainty fueled by the OPEC+ stalemate is on track …
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Oil prices have calmed down after two days of losses amid supply uncertainty after the current production deal talks among major producers …
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Energy | PetroleumNews
Oil supply turmoil pushed oil prices to their highest level since 2018
by BUNKERISTby BUNKERISTThe OPEC+ oil turmoil pushed oil prices to their highest level since 2018, at $80 a barrel. Last year’s Saudi-Russian oil war …
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Oil prices boosted gains to their highest level since 2018 following the cancellation of OPEC+ talks, raising expectations that supply will tighten …
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Oil prices fell on Monday and Brent slumped after four days of gains as investors and traders await key talks after the …