Oil prices extended gains on Tuesday as the market focused on U.S. production concerns and expectations of falling U.S. crude inventories in …
Category:
News
-
-
Energy | PetroleumNews
Markets await Fed rate cut decision, prices rise on Fed rate cut expectation
by BUNKERISTby BUNKERISTOil prices rose in Asian trading on Monday amid expectations of a U.S. rate cut this week, but demand concerns and weak …
-
Energy | PetroleumNews
Oil, U.S. offshore oil industry revives after Hurricane Francine
by BUNKERISTby BUNKERISTOil prices fell Friday as crude production in the U.S. Gulf of Mexico resumed after Hurricane Francine and rising data showed a …
-
Energy | PetroleumNews
Oil prices rise in Asian trading, Hurricane Francine supply disruptions support prices
by BUNKERISTby BUNKERISTOil prices rose on Friday, extending a rally triggered by production disruptions in the Gulf of Mexico, where Hurricane Francine forced producers …
-
Energy | PetroleumNews
Oil prices rose more than 1% on Hurricane Francine concerns, but low demand concerns capped gains
by BUNKERISTby BUNKERISTOn Thursday, oil prices rose more than 1% on concerns about Hurricane Francine affecting production in the United States, the world’s largest …
-
Energy | PetroleumNews
Oil prices rebound on supply concerns while Hurricane Francine causes offshore production cuts
by BUNKERISTby BUNKERISTOil prices rose more than 1% on Wednesday, recouping some of the previous day’s losses. Worries about Hurricane Francine disrupting production in …
-
Energy | PetroleumNews
Oil prices fall balanced US supply cuts from Tropical Storm Francine, weak Chinese demand
by BUNKERISTby BUNKERISTOil prices fell on Tuesday as weak Chinese demand offset US supply cuts and risks of a global oil glut continued to …
-
Energy | PetroleumNews
Oil prices jump in Asian trading as hurricane approaches U.S. Gulf Coast, markets shake off sell-off
by BUNKERISTby BUNKERISTOil futures jumped in Asian trading on Monday as a possible hurricane system approached the U.S. Gulf Coast and markets shook off …
-
Energy | PetroleumNews
Oil suffers major weekly decline, down 2% after US jobs data
by BUNKERISTby BUNKERISTUS employment rose less than expected in August. Oil prices settled 2% lower on Friday. A major weekly loss took place after …
-
Oil prices rose in Asian trading on Friday, as investors weighed a large drawdown of the US crude stockpiles ahead of key …
