Category: Prices

Oil climbed by the most in nearly two weeks with the OPEC+ alliance and BP Plc pointing to signs of a robust demand recovery taking shape in parts of the Continue Reading

 Crude oil futures were higher during mid-morning trade in Asia on April 27, as the market grew optimistic of a US-led global economic recovery, and rallied behind the OPEC+ Joint Continue Reading

Oil climbed in Asia with OPEC+ projecting a strong global recovery this year, even as a Covid-19 flare-up in India and other nations dragged on the near-term demand outlook. Futures Continue Reading

 Oil slipped with the rapid resurgence of Covid-19 in India and other countries casting a cloud around a return to normal consumption, even as OPEC+ projected a strong global demand Continue Reading

Crude oil futures were rangebound during mid-morning trade in Asia April 26, as fundamentals in the market remained unchanged and investors exercised caution amid the deteriorating pandemic situation in India Continue Reading

The average U.S. price of regular-grade gasoline jumped 2 cents over the past two weeks, to $2.96 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that Continue Reading

Oil fell this week with spreading coronavirus cases in countries such as India tempering optimism around positive signs out of the U.S. and Europe. Futures in New York rose the Continue Reading

Oil demand is finally bouncing back but a new COVID spike in India could threaten the rebound. For more great energy content, make sure you subscribe to the Oilprice youtube Continue Reading

 Crude oil futures were higher in the mid-morning trade in Asia April 23, as optimism over the reopening of Europe lent support to the market, even as concerns remained on Continue Reading

Oil pared an earlier gain as investors assessed a patchwork recovery in energy demand, with signs of a rebound from the pandemic in some countries mixed with setbacks in parts Continue Reading