Oil prices fell as attention turned to the demand outlook in the United States, the world’s biggest oil user after reports of …
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Energy | PetroleumNews
Oil rises more than 1 percent as the dollar declines after weak US retail sales data
by BUNKERISTby BUNKERISTOil prices rose more than 1 percent on Thursday after U.S. retail data weakened the dollar, sparking a sell-off, but investors focused …
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Energy | PetroleumNews
Oil remains flat as IEA’s demand forecast weighs on US interest rate cut hopes
by BUNKERISTby BUNKERISTOil prices stalled on Friday on the International Energy Agency’s (IEA) forecast that demand would slow, after rising in the previous session …
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Energy | PetroleumNews
Brent and WTI fall about 0.5% after crude oil inventory build in the US
by BUNKERISTby BUNKERISTOil prices fell on Thursday after a larger-than-expected rise in U.S. crude oil inventories, raising concerns about demand in the world’s largest …
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Energy | PetroleumNews
Oil is in decline due to persistent inflation and crude oil stock increase in the USA
by BUNKERISTby BUNKERISTOil prices fell in Asian trade on Wednesday after reports that U.S. oil inventories rose more than expected last week and the …
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Energy | PetroleumNews
Oil prices rise as conflict in the Middle East threatens supply
by BUNKERISTby BUNKERISTOil prices rose slightly on Tuesday on fears that tensions in the Middle East would impact supply, but uncertainty about the pace …
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Energy | PetroleumNews
Oil falls after Israel says it has completed a series of attacks in southern Gaza
by BUNKERISTby BUNKERISTOil prices started the week lower in Asian trade on Monday, after Israel said it had “concluded” a series of attacks in …
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Energy | PetroleumNews
Oil prices fall 1 percent after surprise increase in US oil and fuel stocks
by BUNKERISTby BUNKERISTOil prices fell by almost a dollar a barrel on Wednesday after a surprise rise in crude oil inventories in the largest …
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Energy | PetroleumNews
Oil headed for weekly gains as tensions continue in the Middle East
by BUNKERISTby BUNKERISTOil prices were little changed on Friday and continued to maintain their weekly gains, amid ongoing tensions in the Middle East after …
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Energy | PetroleumNews
Oil extended gains on Thursday after Israel rejected ceasefire offer
by BUNKERISTby BUNKERISTOil continued its gains on Thursday after Israel rejected Hamas’ ceasefire offer, while a weaker dollar supported prices. Brent crude futures were …