Tag: oil market
Oil falls by $1 amid fuel demand concerns
(Reuters) - Oil prices fell $1 on Monday as concerns about fuel demand caused by the spread of COVID-19 variantsas well aschanges to import...
Oil prices take biggest one-day hit since March after OPEC+ agreed...
(Reuters) - Oil slumped more than $5 a barrel on Monday, headed for its worst day since March, after OPEC+ agreed to boost output,...
Oil prices slip as new poll shows COVID-19 cases rising in...
(Reuters) - Crude futures slipped on Monday as concerns over slowing global growth outweighed the prospect of tightening supply after talks among key producers...
VLCC fixtures shrouded in secrecy in ailing tanker market
(S&P Global Platts) A mostly transparent VLCC market is witnessing an increase in deals being concluded privately as a dismal freight market is offering...
WoodMac Analysis: How high can the oil price go in 2021?
By Simon Flowers - Chairman, Chief Analyst & author of The Edge at Wood Mackenzie Commodities are on a bull run, playing the triple themes...
Brent oil hits two-year high
(Reuters) Oil prices continued to rally on Wednesday on signs of strong fuel demand in western economies, while the prospect of Iranian supplies returning...
Big oil not yet out for the count, says Platts in...
(S&P Global Platts) Global oil and gas producers, facing a pummeling from environmental activists and shareholders, can rely at least for a while on...
Oil hits two-month high of $70
(Reuters) Oil rose on Tuesday to hit $70 a barrel for the first time since March, as expectations of demand recovery following reopenings of...
Oil climbs on solid demand outlook
(Reuters) Oil prices rose on Wednesday after a drop in U.S. crude inventories reinforced OPEC's robust demand outlook, while the market awaited fresh updates...
Low Indian demand offsets oil’s recovery
(Bloomberg) Oil prices dipped as traders weighed weaker fuel demand in India against optimism over the global economic recovery from the coronavirus pandemic. Brent crude...