oil supply – Market-Tracker

Oil prices fall due to higher supply from OPEC+ group of oil exporters

Mahalakshmi@fastura.com1 week ago01 mins

Oil prices ended the week down for a third straight day on Friday as investors focused on expectations of more supply from Libya and the wider OPEC+ group of oil exporters. Brent crude futures fell 57 cents, or 0.8%, to $71.03 a barrel, while U.S. West Texas Intermediate crude futures were down 58 cents, or…

Oil costs increase as expectations for a Gaza ceasefire

Mahalakshmi@fastura.com6 months ago02 mins

A tighter outlook for the crude markets was presented by indicators of reduced stockpiles and disruptions in fuel supply, which caused oil prices to rise in Asian trade on Monday as prospects of an Israel-Hamas ceasefire lessened. Due to growing rumors of a Gaza ceasefire for the Muslim holy month of Ramadan, crude prices dropped…

Tag: oil supply

Oil prices fall due to higher supply from OPEC+ group of oil exporters

Oil costs increase as expectations for a Gaza ceasefire

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