Some Gulf Coast refineries reduced production due to cuts in the largest oil pipeline system in the US. Oil prices plummeted on …
Energy | Petroleum
-
-
Energy | PetroleumNews
Crude oil prices soared on Monday after the cyber attack
by BUNKERISTby BUNKERISTCrude oil prices soared on Monday following the cyber attack that forced the US to shut down critical fuel supply pipelines and …
-
Energy | PetroleumNews
Oil prices increased on a weekly basis despite worrying virus news
by BUNKERISTby BUNKERISTOil prices eased on Friday, but made a weekly gain, with the backdrop of optimism about the global economic recovery, despite the …
-
Energy | PetroleumNews
Oil prices fell 1% on concerns of epidemic increase in India
by BUNKERISTby BUNKERISTOil prices plummeted on Thursday, reversing early gains under pressure from rising COVID-19 infections in India and elsewhere. However, prices received some …
-
Energy | PetroleumNews
Demand expectations increase sensitivity, while oil rises above 1%
by BUNKERISTby BUNKERISTOil rose more than 1% on Monday as China’s economic figures and US vaccination rates signal a strong recovery in demand in …
-
The second wave of coronavirus outbreak in India struck the expected strong recovery in consumption in developed countries and China in the …
-
Oil prices are supposed to rise this year as vaccines stimulate demand and OPEC + constrains supply, but the worsening COVID crisis …
-
Oil prices surged gains on Thursday after gaining 1% in the previous session. The prospect of increased demand for this summer outweighs …
-
Energy | PetroleumNews
Oil soars despite COVID growth in India, and OPEC + production increase
by BUNKERISTby BUNKERISTOil prices soared on Tuesday as OPEC + and its allies including Russia being stuck to the plans on slightly increasing production …
-
Energy | PetroleumNews
Heavy COVID incidences in India increases the price
by BUNKERISTby BUNKERISTOil rose to $ 66 a barrel on Tuesday amid speculation at the OPEC + meeting that the coronavirus crisis in India …