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Oil Price - Cold Snap Prompts Fuel Oil Frenzy in Power-Starved Asia
Asian utilities are snapping up prompt supplies of fuel oil -- an emergency backstop for natural gas -- as power demand surges across the region due to a winter freeze.
Crude Oil Price Bullish Trend Continues – All Eyes on the $50 Level
Crude oil price remains in a bullish channel and above the critical $50 level. Any attempt lower should be met with strong demand.
Oil prices ease as pandemic outweighs Chinese and U.S. data
Oil prices dipped on Thursday as bullish signals from Chinese import data and U.S. crude oil stocks draws were outweighed by surging coronavirus cases in Europe and new lockdowns in China.
Here’s Why Ghee and Vegetable Oil Prices Are Set to be Increased
The Pakistan Vanaspati Manufacturers Association (PVMA) has projected an increase in the prices of edible oils due to the shortage ...
Oil prices dip on virus worries; U.S. stock draw, China data check losses
Oil prices eased for a second day on Thursday as mounting coronavirus cases globally raised demand concerns, although a drawdown in U.S. crude stocks for a fifth straight week and robust data from ...