Oil prices fell on Thursday as a result of a steep rise in gasoline stock levels in the US and concerns over the AstraZeneca vaccine future usage
AstraZeneca
Posted inDRILLING & PRODUCTION
Oil rises on Suez blockage and European purchases, but lockdowns take toll
Oil prices rose on Wednesday due to a blockage at the Suez Canal, which prevents normal traffic of oil tankers, but concerns that heavy lockdowns in Europe will affect the demand recovery still keep prices lower than few weeks ago
Posted inDRILLING & PRODUCTION
Oil dips on US stocks projections and Covid-19 vaccine setbacks
Oil prices are declining today as the market fears crude stock levels in the US could rise again and as the speed of the global oil demand recovery is under threat amid Covid-19 vaccination campaign setbacks