Oil prices rose on Friday but fell during the week as investors weighed expectations of increased global supply with new stimulus from …
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Energy | PetroleumNews
Oil rebounds on Friday, recouping some of its losses
by BUNKERISTby BUNKERISTOil prices increased on Friday, paring losses but heading for a weekly decline as investors weighed expectations of higher output from Libya …
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Energy | PetroleumNews
Oil prices fall as news of Saudi Arabia changing mind crude price target weighs on market
by BUNKERISTby BUNKERISTOil prices fell on Thursday, reversing earlier gains as news hit the market that top exporter Saudi Arabia had abandoned its crude …
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Energy | PetroleumNews
Oil falls on concerns China’s stimulus plans won’t be enough to boost demand
by BUNKERISTby BUNKERISTOil prices fell on Wednesday as investors assessed whether China’s stimulus plans could further boost fuel demand and economic inputs in the …
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Energy | PetroleumNews
Oil climbs on China stimulus news, supply concerns over Middle East tensions
by BUNKERISTby BUNKERISTOil prices rose on Tuesday on news of monetary stimulus from top importer China and concerns that tensions in the Middle East …
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Energy | PetroleumNews
Oil rises on fears of escalating tensions in the Middle East, and the help of the Fed rate cut
by BUNKERISTby BUNKERISTOil prices rose on Monday on concerns that escalating conflict in the Middle East could constrain regional supply and on expectations that …
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Energy | PetroleumNews
Federal Reserve rate cuts and lower U.S. supply support prices, up around 4% for the week
by BUNKERISTby BUNKERISTOil prices closed lower on Friday but gained for a second straight week, supported by a U.S. interest rate cut and lower …
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Energy | PetroleumNews
Prices are on track to close the second straight week higher after the interest rate cut, and global inventories shrink
by BUNKERISTby BUNKERISTOil prices, which fell slightly on Friday, are on track to close a second straight week higher after a big cut in …
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Energy | PetroleumNews
Oil prices rise after US Federal Reserve cuts half-point interest rates
by BUNKERISTby BUNKERISTOil prices rose on Thursday after a major interest rate cut by Fed, but concerns about ongoing global demand capped gains. November …
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Oil prices fell on Wednesday, set to snap a two-session rally ahead of a possible U.S. Federal Reserve rate cut, as weak …