Oil prices rose for a second session on Monday as concerns over U.S. output following damage from Hurricane Ida supported the market, along with expectations for higher demand. Brent crude LCOc1 rose 33 cents, or 0.5% to

Russia-based oil and gas exploration and production company PetroNeft on Tuesday updated the market in its operations, reporting that production in the Cheremshanskoye area provided it with “strong” cash operating flows. The

Oil closed modestly higher Monday in New York as offshore explorers assess damage from Hurricane Ida and investors shift focus to an OPEC+ meeting that could see more supply added

Oil prices rose on Monday, recovering from a seven-day losing streak as investors hunted for bargains and a softer dollar lent support, though persistent anxiety over surging cases of the

Oil prices rose more than 2% on Tuesday, rebounding from recent losses on signs of rising fuel demand in the United States despite a surge in COVID-19 cases. Brent crude

Crude oil markets have been jittery lately as additional OPEC+ output counters expectations of continued strong demand and coincides with concerns about the resurgence of Covid-19 in key markets. Yet

Crude oil price provided good positive trades after consolidating above 71.05, which supports the continuation of the expected bullish trend scenario on the intraday and short term basis, and the

From OPEC to U.S. shale, from fracking to negative oil prices, from endless political debates to inventories, the fossil fuel industry is never short on headlines. But the industry has

By 1538 GMT, the rouble was 0.5% stronger against the dollar at 74.07 RUBUTSTN=MCX, after touching its highest since July 6 at 73.89. It gained 0.9% to trade at 87.52 versus

Energy prices are hovering above the $75 level after OPEC and its allies could not reach a key deal on their oil output policy last week, amid rising tensions between