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Oil Price - Oil prices rise on signs of recovery and better demand for energy
Despite Covid-19 surging in India and Brazil, and the Colonial Pipeline shutdown, analysts see demand outweighing supply throughout the year ...
Oil climbs on solid demand outlook as market awaits fresh cues
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 on the Colonial Pipeline outage. U.S. West Texas ...
WTI tests $66 after IEA says oil demand recovery will outpace growth in supply
Oil demand recovery will outpace growth in supply,” the International Energy Agency (IEA) said in its latest monthly oil market report published on Wednesday, adding that the demand recovery forecast ...
Latest prices for Azerbaijani oil disclosed
The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by 24 cents on May 11 compared to the previous price, making up $68.1 per barrel, Trend ...
Wednesday Outlook: Asian shares tumbles to two-month lows; oil prices rise
Oil climbs on drop in U.S. oil stockpiles, solid demand outlook Brent crude futures climbed 15 cents, or 0.2%, to $68.70 a barrel, adding to a 23 cent gain on Tuesday Fed rhetoric restrains dollar as ...