Mobil raises gas price by 15 cents
AFTER a series of rollbacks over the last couple of months, Mobil Oil Marianas on Wednesday increased its gasoline prices by 15 cents. Shell is expected to follow suit.
Source: mvariety.com
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Newfound Optimism In Banking System Causes Oil To Jump Over 5%
Meanwhile, Turkey contributes to gradual global tightness.
United States Vladimir Putin John Kilduff Alexander Novak China National Petroleum Corp On Silicon Valley Bank
Source: shipandbunker.com
Oil Settles Down On Worries Over European Banks, U.S. Crude Reserve
Brent crude settled down 1.2%, to $74.99 while West Texas Intermediate U.S. crude futures fell 1%, to $69.26 a barrel.
Source: carandbike.com
Oil Drops But Notches Weekly Gains As Traders Brave Macroeconomic Headwinds
Meanwhile, Standard Chartered anticipates price escalation moving forward.
Source: shipandbunker.com
Oil prices settles lower on worries over European banks, US crude reserve
Oil prices settled lower on Friday night as European banking shares fell and after US Energy Secretary Jennifer Granholm said refilling the country's Strategic Petroleum Reserve (SPR) may take several years, dampening demand prospects.
Source: thestar.com.my
Oil slides 2.5% on concerns over health of banking sector
Brent crude fell $1.85, or 2.4%, to $74.06 a barrel by 11:13 a.m. EST (1513 GMT, while West Texas Intermediate U.S. crude futures fell $1.79, 2.5%, to $68.23 a barrel.
Source: moneycontrol.com
U.S. Road Trips This Summer Could Be Just as Pricey as Last Year
U.S. motorists face a repeat of last summer's high gasoline prices, analysts warned on Wednesday, with fuel stockpiles heading towards multi-year lows
Source: skift.com
Could crude oil prices go down to $40?
As financial market volatility sparks oil price selloff despite strong China demand, oil market analysts expect the contagion to entrench deeper and longer..
Source: khaleejtimes.com
Oil Reverses Course On Vague Russia/Saudi Meeting, But Bank Fears Persist
Meanwhile, the IEA says oil demand could still end the year "with a bang."
Source: shipandbunker.com
Oil Prices Steady As News Of Saudi, Russia Meeting Calms Investors
Oil prices steadied on Thursday after dropping to near 15-month lows earlier in the session, supported by reports that top producers Saudi Arabia and Russia
Source: leadership.ng