PPC

Oil prices rise today

Oil prices rose on Wednesday as a more-than-expected decrease in US crude oil inventories and a decline in coronavirus cases in China, the world’s second-largest consumer, relieved investor fears over

Oil prices rise on hopes of US stimulus

Oil prices rose on Wednesday, adding to solid gains overnight, on expectations the incoming U.S. administration will go ahead with massive stimulus spending that would boost fuel demand and draw

President Energy updates on drilling operations

President Energy plc (LON:PPC), the energy company with a diverse portfolio of production and exploration assets focused primarily in South America, has provided a group update. Highlights •             Four well

Oil hits fresh 10-month high

Oil in New York climbed to a new 10-month high as the dollar declined, increasing the appeal of commodities priced in the currency. Futures rose 1.5% to above $53 a

Trafigura buys 10% stake in Rosneft’s Vostok Oil

Global commodities trader Trafigura has completed the purchase via a wholly-owned subsidiary of a 10% stake in Rosneft’s Vostok Oil project in the Arctic, the company said on Wednesday. “The

Oil trend remains upwards

Crude prices were lower this morning but the longer term recovery from earlier low points remains in place. Both Brent crude, which is used in more than half of all international contracts,