Oil sank more than 2% despite the harsh sentiment on China

Ship & Bunker

Oil prices fell on Monday as crude traders expressed concern over demand and the resilience of the Russian economy to Western attacks. 2 percent. According to previous reports, there is a strong supply of Russia despite the sanctions European UnionTraders kept Brent calm on Monday 1.76 dollarsOr 2.03 percentto the $84.90 per barrel; West Texas … Read more

Oil rally falls on strong dollar as market volatility continues.

Analysts 2023 continues to debate how to handle the product: File Image/Pixbay strong US The dollar fell to a three-week high on Wednesday, blamed on oil prices, although crude is still set for modest gains in 2022 — and analysts said the new year could be brutal, depending on one thing. China. West Texas fell … Read more

Eagerness for China’s lockdown easing as oil prices remain mixed.

But some analysts see a full demand recovery next year: File Image/Pixbay Despite the potential enthusiasm of oil traders in recent sessions China Fuel prices remained largely unchanged on Thursday due to the easing of Covid restrictions and improved demand Guangzhou And Chongqing They announced that restrictions had been eased. Brent calmed down 9 cents … Read more

Oil prices surged in stockpiles, showing a big draw and a disruptive build.

Meanwhile, the Saudis voiced Biden’s plea to delay the cutoff: File image/Pixbay Crude traders on Thursday shrugged off inflation fears and focused on market tightening, resulting in the first drop in oil prices this week. West Texas Central rose 1.84 dollars Brent rose to $89.11 per barrel 2.12 dollars to the $94.57 After the pictures … Read more

Politicians, ambassadors to Portugal’s Maritime Week events in May

Most of the week’s events focus on how Portugal is involved in the transition. File Image / Pixabay Politicians and ambassadors as well as representatives of the shipping and banking industries will convene Lisbon For a series of events next month at Portugal Delivery Week Banner The week-long meeting, which is being prepared PetrospotIt takes … Read more

As oil demand grows – with geopolitical stress

Vitol Group Predicts supply problems leading up to winter Winter temperatures that support fuel demand Europe O’Connor’s influence is limited and could lead to another round of violence on Monday. West Texas was a middleman 0.6 percent High in $ 84.30 When the holiday shopping stopped, the barrel, and Brent calmed down 0.4 percent as … Read more

Additional ‘short-term’ oil losses, although there are no signs of declining demand

In the meantime, lel manufacturers are taking a break from banks Fuel prices fell again on Tuesday due to similar reasons for the fall of the last session America Industrial production last month and weak GDP numbers from China. However, analysts believe that profits are short-lived: “Above all, the rest $ 80 Due to supply … Read more