News
Oil Prices Hit $104 On New Supply Scare
Low inventories sent the national average diesel price in the United States back above $5, the first weekly price increase in more than two months.
China’s Oil Demand Is Finally Bouncing Back
Oil demand in China is about to start recovering after the end of Covid restrictions, Reuters has reported, citing Chinese industry officials.
Inflation Fears Push Oil Prices Back Down
Oil prices climbed on Monday due to the supply uncertainty surrounding Libya and OPEC, but that trend appeared to change ahead of European markets opening.