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Oil Demand Is Rebounding Fast In Europe

Many European countries have been gradually reopening over the past month while advancing vaccination rates prompt more people to travel on the roads. T

Oil Prices Rise At The Start Of Driving Season?

Oil prices rose by 1 percent early on Monday, driven by expectations that recovering demand with summer travel and reopening economies will easily accommodate the gradual increase in OPEC+ production.

New Weekly Rig Counts from Baker Hughes

There will be huge demands for the oil spare parts, if the oil price keep rising. We are manufacturer of rotary drilling hose, choke and kill hose and BOP hose.

Where Does Wall Street Think Oil Is Heading?

After a volatile week of reversals and re-reversals, oil prices have rebounded a bit again on Wednesday thanks to an overall risk-on theme returning to the markets after the Senate passed the crucial $1 trillion infrastructure spending bill.

Oil Prices Set For Longest Losing Streak Since March

After tentatively rising in Asian trade, oil prices reversed course and fell on Tuesday morning, poised for a fourth consecutive day of losses, which would be the longest losing streak since March this year.

Oil Jumps As Crude Inventories Fall

Crude oil prices climbed higher today after the Energy Information Administration reported an inventory draw of 3.2 million barrels for the week to August 13.

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