Oil prices rose by 2 percent early on Monday, buoyed by market expectations that fuel demand globally is rising with the re-opening of major economies in Europe and higher travel
Market research provider and consultancy Westwood Global Energy Group has estimated that 30 floating, production, supply, and offloading (FPSO) vessels will become available by the end of 2022. A new
Oil prices rose more than 3% on Monday as a demand bump fueled by COVID-19 vaccination drives gave traders optimism that the market can absorb any Iranian oil that would
Goldman Sachs said it expects oil prices to climb to $80 per barrel in the fourth quarter of this year, arguing that the market has underestimated a rebound in demand
Oil prices were steady on Tuesday, holding around one-week highs after jumping more than 3% the previous session as investors tempered expectations of an early return of oil exporter Iran
CME Group’s advanced figures for Natural Gas futures markets noted open interest extended the choppy activity and dropped by around 7.1K contracts on Monday. In the same line, volume shrunk
Union Jack Oil plc (LON:UJO), a UK focused onshore hydrocarbon production, development and exploration company, has provided an update on mobilisation of associated equipment and planned test activities at the
Touchstone Exploration Inc (LON:TXP) has provided an operational update, highlighted by the recovery of pressure gauges from the Cascadura Deep-1 well on the Company’s Ortoire onshore exploration block in Trinidad
Oil prices rose Monday during Asian trading hours. U.S. crude was up 1.16% at $64.32 a barrel while global benchmark Brent was up 1.11% to $67.18. Last week, both contracts registered weekly losses amid concerns of
Oil prices recouped some of last week’s losses on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, with indirect
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