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Brent Oil - Oil prices up on drop in U.S. crude stockpiles, IEA data
Oil prices rose on Thursday after a drop in U.S. crude stocks and an IEA forecast for lower global stockpiles in the second half, but the Brent benchmark still hovered around $30 a barrel as a bleak ...
NI: Home heating oil is cheapest since 2009, gas petrol and diesel also well down
Home heating oil prices in Northern Ireland have plummeted to the lowest since at least 2009, the Consumer Council has said.
Oil prices get some respite from drop in U.S. crude stockpiles
Oil prices climbed on Thursday following an unexpected drop in U.S. crude stocks, but the Brent benchmark still hovered below $30 a barrel as any bullish momentum continued to be curbed by a bleak ...
A resurgence of coronavirus cases will have 'major consequences' for the oil market, IEA warns
The IEA stressed a resurgence of Covid-19 cases would constitute a “major risk factor” to oil demand. On the supply side, it expected a “spectacular” fall of 12 million b/d this month, falling to a ...
Fall in oil demand set to be less severe than predicted
The International Energy Agency said the drop in oil demand this year will not be as severe as initially thought as governments ease coronavirus lockdown measures, but the body warned that a ...