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Serinus-Energy

Oil demand set to grow even after 2050

Even after 2050, global oil demand is set to continue to rise because renewables cannot entirely replace fossil fuels, energy markets expert Anas Alhajji said during a recent energy conference

Serinus-Energy

Oil rises to one-week high

Oil rose on Monday, supported by concerns over shut output in the United States, the world’s biggest producer, following damage from Hurricane Ida, while analysts expected a stable market in

Serinus-Energy

Oil price steadied after a two-day decline

Oil price steadied after a two-day decline as investors assessed a demand outlook clouded by the comeback of Covid-19 in many regions. Futures traded above $68 a barrel in New

Serinus-Energy

Oil settles up

Oil rose on Monday, lifted as U.S. Gulf Coast platforms, refineries and pipelines grappled with uncertainty on restart timelines after Hurricane Ida wreaked havoc on the region. U.S. oil futures

Serinus-Energy

Oil prices and stocks head higher

Oil prices rebounded from recent lows on Monday morning in London, moving higher alongside major stock indexes.  Oil had suffered its worst losing streak since February 2018 in recent weeks,

Serinus-Energy

Oil recovers from three-week low

Oil prices rose more than $1 on Tuesday, recouping some of the losses in the previous session, as rise of demand in Europe and the United States outweighed concerns over