Oil prices rose more than $1 on Friday in anticipation of a drop in Russia’s crude oil supply, helping to offset US …
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Energy | PetroleumNews
Oil stocks tighten in anticipation of harsh winter conditions and increased activity for the holiday season
by BUNKERISTby BUNKERISTOil prices climbed for the fourth consecutive day on Thursday. U.S. crude oil, heating fuel, and jet fuel stocks are tightening even …
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Energy | PetroleumNews
Oil prices stable as a drop in US crude inventories offset by China’s COVID concerns
by BUNKERISTby BUNKERISTOil prices were little changed on Wednesday as a larger-than-expected drop in US crude inventories offset concerns about rising COVID-19 cases in …
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Energy | PetroleumNews
Oil prices rise on the back of a weaker dollar and the US plan to restock oil reserves
by BUNKERISTby BUNKERISTOil prices rose on Tuesday, supported by the weak dollar and the US plan to restock its oil reserves, but gains were …
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Energy | PetroleumNews
Oil rises, fueled by China’s recovery and US SPR buyback plan
by BUNKERISTby BUNKERISTOil rose on Monday as China eased COVID-19 restrictions and the US decision to buy back oil for government reserves eased fears …
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Oil tumbled more than $2 a barrel on Friday and swept up in a wider rout in global equities on fears of …
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Energy | PetroleumNews
Oil slumped on Friday after central banks hiked interest rates
by BUNKERISTby BUNKERISTOil slumped on Friday as the market weighed in after central banks’ rate hikes, but it is poised for its biggest weekly …
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Energy | PetroleumNews
Oil prices declined in Asian trade as the dollar strengthens
by BUNKERISTby BUNKERISTOil prices slumped in Asian trade on Thursday as the dollar strengthened, while the prospect of further rate hikes by global central …
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Energy | PetroleumNews
Oil slumps according to the rose in US crude inventories and the weak demand fears
by BUNKERISTby BUNKERISTOil prices fell in early trade on Wednesday as analysts expected a drop in industry data, US crude inventories rose, and increased …
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Energy | PetroleumNews
Oil climbs as uncertainty over Keystone’s resumption schedule rises
by BUNKERISTby BUNKERISTOil boosted gains on Tuesday as a major US pipeline remained closed, raising concerns about a potential supply squeeze in the world’s …