Oil prices – Maritime First Newspaper

Oil prices fall on demand worries

Oil prices fell over one per cent on Thursday amid persistent demand worries as Europe faces a surge of Coronavirus infections and a slow vaccination roll...

Oil bounces back but recovery stunted by European lockdowns, U.S. stock build

Economy4 years ago

Oil bounces back but recovery stunted by European lockdowns, U.S. stock build

Oil prices rose more than one per cent, on Wednesday, as investors sought bargains following the previous day’s slump. But the recovery was stunted by fears...

Oil prices ease on surprise build in U.S. inventory, demand worries

Economy4 years ago

Oil prices ease on surprise build in U.S. inventory, demand worries

Oil prices dropped on Wednesday on a surprise gain in crude oil inventories in the United States and as investors continued to worry about demand for...

Oil jumps above $41 as storm hits U.S. output, inventories drop

Economy4 years ago

Oil rises on stimulus support and China data, set for monthly gains

Oil prices nudged up on Monday, with Brent futures set to post a fifth straight monthly gain, as global stimulus measures underpin prices even as demand...

Oil drifts down as U.S. producers, refiners avoid worst of storm

Economy4 years ago

Oil drifts down as U.S. producers, refiners avoid worst of storm

Oil prices fell on Friday as a massive storm raced inland past the heart of the U.S. oil industry in Louisiana and Texas without causing any...

Economy4 years ago

Oil drops as demand risk rises, U.S. stockpiles fall less than expected

Oil prices fell on Thursday as major producers warned of a risk to demand recovery if the coronavirus crisis is prolonged as U.S. crude inventories dropped...

World News4 years ago

Oil prices advance as China ramps up U.S. crude imports

Oil prices rose on Monday as China’s plans to ship in large volumes of U.S. crude in August and September outweighed concerns over a slowdown in...

Economy4 years ago

Oil prices rise, head for weekly gain, Brent hits $45.10, amid cautious hopes for fuel demand recovery

Oil prices advanced on Friday and were heading for the second week of gains amid growing confidence that demand for fuel is starting to pick up....

Economy4 years ago

Oil rises 1% on Saudi Aramco’s upbeat demand view, Iraq supply cut

Oil prices climbed on Monday, supported by Saudi optimism about Asian demand and an Iraqi pledge to deepen supply cuts. Although uncertainty over a deal to...

Economy4 years ago

Toyota expects 64% fall in annual net profit amid pandemic

…As Oil prices mixed after coronavirus concerns, undercut support from lower U.S. crude stocks*** Toyota Motor forecasts its net profit for the current financial year will...