Crude oil price rises after Suez Canal blockage
Approximate rate of backlog is 50 vessels/day, any delays leading to re-routings…
Oil prices climb on vaccine optimism, US crude inventories up last week
Many European countries and US states are tightening coronavirus restrictions. Analysts expect…
Oil prices gain amid positive data
West Texas Intermediate for September delivery rose to $41.01 a barrel, while…
Oil prices sink amid demand fears
Oil prices plunged as West Texas Intermediate for September delivery fell $1.35…
US crude oil production increases last week: EIA
US crude oil imports and exports both increased during the week ending…
Oil prices climb amid demand hopes
Meanwhile, Brent crude oil for September delivery advanced 1.04 dollars to close…
Oil prices fall amid oversupply concerns
Oil prices fell as WTI for June delivery dropped $0.57 to $23.99…
Oil prices surge amid hopes for economy reopening
Oil prices were also supported as data showed a smaller-than-expected build in…
Global meltdown: stocks, crude oil futures in free fall on rising COVID-19 cases, OPEC price war
The stock markets bloodbath triggered the first-ever forced trading halt in the…
Egypt’s crude oil, petroleum products imports decrease by $3bn in FY2019/20: Government sources
Country’s domestic consumption of natural gas to increase to 51.1 million tonnes