Brent oil hovers above $80 after this week's downward spiralBrent crude futures were up $1, or about 1.3%, at $80.54 a barrel by 1445 GMT. U.S. West Texas Intermediate (WTI) crude futures rose $1.01,...
Shippers bet on green methanol to cut emissions, supply lagsMaersk said methanol-powered ships with dual-fuel options cost about 10%-12% more than conventional ships, but the price difference should ...
Oil rises for third day as interest rate concerns easeComments from U.S. Federal Reserve Chair Jerome Powell on Tuesday were seen as less hawkish than feared, boosting risk appetite and weighin...
Oil rebounds after biggest drop in decades at start of yearHelping drive the gains on Thursday was a statement from top U.S. pipeline operator Colonial Pipeline, which said late on Wednesday its Lin...
Oil falls as China COVID spike dampens demand outlookBrent futures for February fell 96 cents, or 1.15%, to $82.30 a barrel by 1208 GMT. The more active March contract fell 1.2% to $82.98/bbl,...