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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.

 
 
 
 

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.

 
 
 

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.