Category: Oil

Oil News and Analysis from varies commodity news media, we summarize all Oil news into a sitemap summary with link to related Oil News for the one who wanted to catch up Oil price change in timely manner.


WEEKLY ENERGY RECAP: April 9, 2021

The Brent crude oil price dropped to $62.95 per barrel, while still trading in the narrow range between $61 and $65 for more than three weeks.. The WTI crude oil price dropped to $59.32 per barrel but has still been trading…

Fuel demand rises in Mar to highest since Dec 2019

India’s fuel consumption rose in March for the first time in three months, to its highest since December 2019, as economic activity gradually picked up after a coronavirus-induced slowdown.. Consumption of fuel, a proxy…

Aramco Strikes $12.4 Billion Oil Pipeline Deal With EIG-Led Group

Saudi Arabia energy giant said it struck a $12.4 billion deal to sell a 49% stake in a newly formed oil pipeline business to an international consortium led by U.S.. is also a member of the consortium, which will likely eventually…

Office expects drop in global oil price

The Energy Policy and Planning Office (Eppo) expects global oil prices to decrease after Opec and its allies agreed to increase petroleum production in a cautious move in line with global economic recovery.. Opec said on…

Oil Has Been Slipping. Here’s What to Watch for Next.

Johannes Eisele/AFP via Getty Images Oil prices, which have taken a breather recently after a sharp 2021 runup, are likely to hang on to their year-to-date gains.. Crude oil is up more than 20% so far this year, to a recent…

Fuel demand rises in March to highest since December 2019

India’s fuel consumption rose in March for the first time in three months, to its highest since December 2019, as economic activity gradually picked up after a coronavirus-induced slowdown.. Consumption of fuel, a proxy…

Oil prices edge lower on mixed supply and demand outlook

Article content NEW YORK — Oil prices edged lower on Friday on rising supplies from major producers and concerns over a mixed picture on the COVID-19 pandemic impact on fuel demand.. Downward pressure has been exerted by…

US stocks open mixed with Nasdaq lagging

Recall the index closed at a record yesterday Dow industrial average is up 105 points or 0.31% at 33609.03 NASDAQ index is down 50.779 points or -0.37% at 13778.53 Spot gold is down $18.70 or -1.06% at $1737.19 spot silver…

China Posts First Inflation Increase of the Year

China reported the first rise in consumer prices this year and a bigger-than-expected increase in producer prices to the highest in almost three years in March, due to a low base and a rapid rise in energy and commodity prices,…

Oil prices dip on mixed supply and demand outlook

Article content LONDON — Oil prices edged lower on Friday on rising supplies from major producers and concerns over a mixed picture on the COVID-19 pandemic impact on fuel demand.. Exerting downward pressure is the decision…


Close
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close