Oil prices surged in the third session on Wednesday and soared with wider financial markets, as the U.S. is expected to approve …
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Energy | PetroleumNews
Oil prices fluctuate little with hopes of aid package against falling demand
by BUNKERISTby BUNKERISTOil prices rose moderately on Tuesday, the heavy pressure of the coronavirus pandemic on demand and prospects for the upcoming $ 2 …
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Energy | PetroleumNews
Oil prices rise while US increases economic support measures
by BUNKERISTby BUNKERISTOil prices rose on Tuesday in the hope that the U.S. will soon reach an agreement on a $ 2 trillion coronavirus …
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In Russia’s oil market share war with Saudi Arabia, the ruble gave an advantage to the Russians with a sharp decline, costs …
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Energy | PetroleumNews
Maritime events are being delayed further by coronavirus
by BUNKERISTby BUNKERISTSome maritime events have been rescheduled in spite of the coronavirus. Industry conferences planned by the American Association of Port Authorities, Women’s …
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Energy | PetroleumNews
Brent crude oil drops as coronavirus keeps reducing the demand
by BUNKERISTby BUNKERISTTravel and industry activity around the world has narrowed to prevent the spread of the coronavirus. Oil prices continued to decline. Brent …
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During the week, the crazy actions at the end of each day shook the oil market. The oil market had a roller …
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Energy | PetroleumNews
Intervene expectation increases oil price more than 2 dollars
by BUNKERISTby BUNKERISTOil prices rose more than $ 2 on Friday right after US President Donald Trump implied that he might intervene in the …
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Energy | PetroleumNews
Discourse to intervene in Saudi-Russian price war may support oil prices
by BUNKERISTby BUNKERISTAfter the idea of intervening in the oil market by increasing the strategic reserves of the USA, a surprising recovery was observed …
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Energy | PetroleumNews
Despite oil tanker rates drop, storage demand remains stable
by BUNKERISTby BUNKERISTAfter a crazy week of Saudi oil spread around the world, crude oil prices dropped, crude freight rates increased. Then we entered …