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PVM OIL ASSOCIATES
Oil prices settle higher on slow progress in US-Iran peace talksOil prices saw a volatile week as hopes for a U.S.-Iran peace deal, which would normalize shipping through the Strait of Hormuz, fluctuated...- Oil up almost 3% as US-Iran peace talks stallOil prices jumped almost 3% on Monday as peace talks between the U.S. and Iran stalled and shipments through the Strait of Hormuz remained ...
- Oil prices end volatile session mixed but up sharply for the week on supply worriesOil prices experienced significant volatility, ultimately closing higher for the week despite early gains being relinquished. Traders are c...
- Oil prices well below $100 as Strait of Hormuz reopens but experts aren’t convinced just yet. Here’s whyGlobal markets are breathing easier as Iran declares the Strait of Hormuz fully open, a crucial oil route, amid a potential U.S.-Iran deal....
- Oil rises 2% on US-Iran tensions, improved demandOil prices gained more than 2% on Wednesday, buoyed by potential supply risks should tensions between the U.S. and Iran escalate, while dra...
- Oil prices fall nearly 2% on oversupply and weaker US demandOil prices fell on Thursday, pressured by concerns over softening U.S. demand and broad oversupply that offset threats to output from confl...
- Oil prices fall with expected low demand, upcoming supply boostOil prices declined as traders anticipated weaker U.S. demand after Labor Day and a potential supply increase from OPEC+ this autumn. Marke...
- Oil prices fall more than 3% on Russian oil price cap talksBrent crude futures fell $2.82, or 3.19%, to $85.54 a barrel by 1450 GMT, while U.S. West Texas Intermediate (WTI) crude futures were down ...
- Oil prices extend gains to multi-year highs on tight supplyBrent crude futures rose by 81 cents, or 1 per cent, to $86.34 a barrel, following on from last Friday's 1.1 per cent gain. Earlier on Mond...
- Oil rises as vaccine and US stimulus boost demand outlookBrent crude rose 51 cents, or 0.8%, at $64.93 a barrel by 11:29 a.m. EST (1629 GMT), and U.S. West Texas Intermediate (WTI) crude gained 28...
- Oil hits 13-month highs as market re-balancesBrent crude was up 88 cents, or 1.4%, at $63.31 a barrel at 1320 GMT, after climbing to a session high of $63.76, the highest since Jan. 22...
- Oil hits highest levels since Feb 2020Oil prices extended gains on Thursday after the OPEC+ alliance of producers stuck to its reduced output policy and U.S. crude stocks fell, ...
- Oil gains on continued OPEC+ cuts and US stocks drawBrent crude futures gained 25 cents, or 0.43%, to $58.71 a barrel by 1025 GMT, having earlier hit their highest since Feb. 21 last year.
- Oil prices near 1-year highs after stocks draw, supply deficit forecastBrent crude futures were up 55 cents, or 1%, at $58.01 a barrel at 1245 GMT, their highest in about 11 months.
- Oil steady as surging virus cases cloud demand outlook"Dollar strength and macroeconomic uncertainty are likely to keep dominating oil's agenda this week," said BNP Paribas analyst Harry Tchili...
- Oil steady as coronavirus fears offset gasoline recovery signsBrent crude futures were up 5 cents, or 0.12%, to $43.34.
- Oil prices fall for fifth day to lowest in a yearBrent crude was down $1.06, or 2 per cent, at $52.37 a barrel at 1011 GMT.
- Oil edges up as market eyes trade talks this weekPrices are now well below the level just before the September 14 attacks on Saudi Arabia.
- Oil prices fall further as dollar strengthensWorld oil prices slid further on Wednesday as the dollar rallied on the back of renewed fears over the eurozone debt crisis and tensions on...
- Oil prices touch $83 a barrelOil prices dipped on Friday after an unexpected decline in US crude oil inventories pushed crude futures back above $83 a barrel.
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