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Colombo: A workforce of consultants from a Singapore-based firm is becoming a member of efforts to salvage an oil tanker that went up in flames in Sri Lanka’s japanese waters, … Read More
Oil costs recovered on Tuesday, erasing in a single day losses, as traders moved into threat belongings and away from the safe-haven US greenback which tumbled to multi-year lows. Brent … Read More
Oil rose in direction of $46 a barrel on Wednesday, close to the best since March, lifted by US producers shutting most of their offshore Gulf of Mexico output forward … Read More
Crude oil costs rose on Monday as storms closed in on the Gulf of Mexico, shutting greater than half its oil manufacturing, and on indicators of progress in growth of … Read More
Oil costs held largely regular on Thursday after the International Energy Agency lowered its 2020 oil demand forecast following unprecedented journey restrictions and knowledge exhibiting a decline in U.S. inventories … Read More
Saudi state oil group Aramco’s revenue plunged 73% within the second quarter of the yr, as a hunch in vitality demand and costs as a result of coronavirus disaster hit … Read More
Oil costs have been flat on Friday as help from a weaker greenback was offset by tensions between the United States and China. Brent crude was down 1 cent at … Read More
Oil costs misplaced extra floor on Thursday, with the market weighed down by a shock enhance in US crude oil reserves because the coronavirus pandemic hits gas consumption. US crude … Read More
Oil costs have been broadly secure on Wednesday, recouping earlier losses after rising US crude stockpile information and a rise in coronavirus infections within the United States forged doubts over … Read More
Oil costs had been regular on Monday, supported by tighter provides from main producers however held in test by issues over a file rise in coronavirus infections worldwide that would … Read More