OPEC+ seeks consensus on oil production policy after UAE roadblock. Oil prices calmed on Friday after OPEC+ ministers resumed talks on boosting …
Category:
Energy | Petroleum
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Oil prices fell on Friday after OPEC+ ministers postponed a meeting on production policy as the United Arab Emirates abandoned its plan …
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Energy | PetroleumNews
Oil prices rise ahead of OPEC+’s decision relating to supply cuts
by BUNKERISTby BUNKERISTOil prices rose on Thursday, supported by falling US oil stocks, as investors await the decision from major producers on whether to …
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Oil prices on Wednesday extended the previous day’s small gains after data showed U.S. crude stockpiles fell last week, surpassing concerns over …
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Energy | PetroleumNews
Oil drops as the new variant Delta surges threaten fuel demand
by BUNKERISTby BUNKERISTOil prices fell for a second day on Tuesday amid concerns of slow growth in fuel demand as the highly contagious COVID-19 …
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While the US and Iran could not agree on the revival of the nuclear deal and the increase in Iranian oil exports …
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Energy | PetroleumNews
Oil prices climbed to highest level since October 2018 on Friday
by BUNKERISTby BUNKERISTOil prices climbed to their highest level since October 2018 on Friday, raising both benchmarks for the fifth week in a row …
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Oil climbed for the third consecutive session on Friday and OPEC+ producers are cautious about returning production to the market from August. …
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Energy | PetroleumNews
Strong demand outlook and US crude inventories support oil
by BUNKERISTby BUNKERISTOil prices rose for a second day on Thursday amid a larger-than-expected drop in US crude and gasoline stockpiles confirming the outlook …
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Oil prices rose Wednesday after industry data showed US crude inventories fell more than expected. As land and air transportation improved in …
