Oil prices climbed on Monday to a one-week high in a second straight session of gains as concerns over US supplies following damage from Hurricane Ida supported the market, along with expectations for higher demand.

World Business Watch: Global oil price climbs to one-week high on US supply concerns

Snapping a three-day rally on renewed concerns over demand due to rising COVID-19 infections and as Mexico restored some output after a fire disrupted supplies, oil prices settled lower on Thursday.

World Business Watch: Oil rally falters on pandemic surge, renewed Mexico supply

Oil prices rose more than 5% on Monday, as a weaker dollar and strong global equities markets boosted crude futures after seven sessions of declines.

World Business Watch: Oil jumps 5% after 7 days of losses, boosted by weaker dollar

Closing out its worst day since March this year oil prices slumped $5 a barrel on Monday, after an OPEC+ agreement to boost output stoked fears of a surplus just as rising COVID-19 infections once again threaten demand.

World Business Watch: Oil prices slip after OPEC and allies reach deal to boost supply

Oil prices fell more than 1% on Monday, hit by an agreement over the weekend within the OPEC+ group of producers to boost output after an earlier pact fell apart due to objections from the United Arab Emirates (UAE).

World Business Watch: Oil falls more than 1% after OPEC+ agrees to boost supply

Oil prices climbed in early Asian trade on Monday, underpinned by the bright outlook for fuel demand growth in the next quarter, while investors looked ahead to the OPEC+ meeting this week for supply guidance.

World Business Watch: Oil prices stay firm as demand to outstrip supply in H2

Oil prices climbed on Monday (May 03) as optimism about a strong rebound in fuel demand in developed countries and China in the second half of the year overshadowed growing concerns of a full lockdown in India to curb the COVID-19 pandemic.

World Business Watch: Oil prices rise amid strong rebound in fuel demand

India's fuel demand dipped 45.8% in April from a year earlier, as economic activity came to a halt due to nationwide lockdown and travel curbs to combat the spread of novel coronavirus.

India's fuel demand falls sharply in April amid lockdown to curb spread of coronavirus

At the time when global fuel demand has plunged, Saudi & Russia oil deal came down under threat. The US pressure underlines record oil cut.

Saudi & Russia oil deal under threat, US pressure underlines record oil cut

Oil prices fell to their lowest in seven weeks on Thursday, sliding more than 1 per cent on concern that the spread of a respiratory virus from China may lower fuel demand if it stunts economic growth in an echo of the SARS epidemic nearly 20 years ago.

Oil skids as spectre of China virus looms over fuel demand, economy

India's fuel demand fell to its lowest in more than two years in September, data from the Petroleum Planning and Analysis Cell (PPAC) showed. Consumption of fuel, a proxy for oil demand, totalled 16.

India's September fuel demand slips to its lowest in over two years

India's fuel demand rose 2.8 per cent in August compared with the same month last year but was at their lowest level in nine months. Consumption of fuel, a proxy for oil demand, totalled 17.

India's fuel demand rises 2.8% in August, at nine-month low

India's overall fuel demand will rise by more than 4% a year to 2030 as the country's improved road transport network stokes demand for gas oil, the head of oil and gas group Nayara Energy said on Tuesday.

India's fuel demand to grow at over 4% through 2030: Report

fuel-demand

Fuel Demand, News on Fuel Demand, stories on Fuel Demand, articles on Fuel Demand, Fuel Demand stories at Wion, Fuel Demand news, Fuel Demand latest news