Oil price news
Oil prices and demand on the rise
Oil prices rose on Tuesday as lockdowns start to ease globally and traffic fuel consumption, among the main reasons demand has fallen, increases.
Oil prices fall
Oil prices fell on Monday, despite the OPEC+ cuts.
Oil prices rise in response to events in US and Norway
Rystad Energy’s Head of Oil Markets, Bjornar Tonhaugen, has said that Norway's decision to cut production could be a good example for other producers outside OPEC+.
Oil gains on US developments
The oil price has reversed morning losses and now enjoys limited gains.
Rystad Energy comments on second day of price decline
Oil prices have declined for a second day on storage concerns.
Nigeria delays oil export plans
Nigeria’s state oil company has delayed publishing its future oil export plans as it negotiates with local companies and international majors about how to cut output.
Rystad Energy: 'oil starts the week on a low note as storage problem looms'
Rystad Energy’s Head of Oil Markets, Bjornar Tonhaugen, has said that oil prices will likely continue falling until significant upstream shut-in volumes commence.
Rystad Energy comments as oil prices fall again
As enthusiasm subsided and prices fell again today, Rystad's Energy Head of Oil Markets, Bjornar Tonhaugen, has commented on developments.
Oil prices stabilise but storage crisis approaches
Rystad Energy’s Head of Oil Markets, Bjornar Tonhaugen, has supplied a daily market comment, as oil prices rose slightly today before returning to flatter levels with marginal deviations.
Developments in US boost oil prices
Rystad Energy’s Head of Oil Markets, Bjornar Tonhaugen, has commented on today's developments.