Oil prices were flat on Wednesday after the market tumbled in the previous session on fears that more aggressive US rate hikes …
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Energy | PetroleumNews
Oil rises on supply concerns and the demand recovery hopes in China
by BUNKERISTby BUNKERISTOil prices rose after industry executives voiced concerns about limited spare capacity in the market and uncertainty over supplies in Russia, as …
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Energy | PetroleumNews
Oil fell with the Chinese outlook, attention turned to an interest rate hike
by BUNKERISTby BUNKERISTOil started lower on Monday as China set around 5%, a lower-than-expected target for economic growth this year, and investors cautiously await …
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Energy | PetroleumNews
Oil rebounds on hopes of China’s demand, posting weekly gains, indicators at 3-week high
by BUNKERISTby BUNKERISTChinese data and record US exports support oil prices. Oil prices rebounded from a short sale on Friday, rising $1 more a …
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Energy | PetroleumNews
Oil prices are on track to post gains of nearly 2% for the week
by BUNKERISTby BUNKERISTOil prices slumped in early trade on Friday, but are on track to post gains of around 2% for the week. Recovery …
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Energy | PetroleumNews
Oil rose with strong recovery signs in China, but global demand concerns continue
by BUNKERISTby BUNKERISTOil prices rose on Thursday and expanded its earnings in the previous two sessions with strong signs of economic recovery in China, …
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Energy | PetroleumNews
Oil prices rise as strong growth in China’s manufacturing sector strengthens demand outlook
by BUNKERISTby BUNKERISTChinese manufacturing output increased in February. Oil prices boosted gains for a second session on Wednesday after strong growth in manufacturing in …
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Energy | PetroleumNews
Oil remained calm as economic recovery in China offset concerns over US rate hikes
by BUNKERISTby BUNKERISTOil prices in Asian trade on Tuesday were calm, supported by hopes that a strong economic recovery in China will boost fuel …
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Energy | PetroleumNews
Oil prices drop as the dollar strengthens and recession risks
by BUNKERISTby BUNKERISTThe dollar is at a multi-week high. Fears of hawkish Fed return over Friday economic data. The dollar hovers close to a …
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Energy | PetroleumNews
Oil stays flat as rising US inventories are offset by expectations of a decline in Russia’s supply
by BUNKERISTby BUNKERISTOil rose slightly on volatile trade on Friday, and prices remained flat throughout the week, bolstered by expectations of a decline in …