oil market | The Business Standard

Is the sun setting on oil?Photographer: Jason Alden/Bloomberg

Bloomberg Special

China's Covid reopening won't be enough to save oil markets

That would require an improvement in global growth, as well as a change in Chinese domestic conditions. Neither will happen any time soon.

Oil prices jump $3/bbl ahead of OPEC+ meeting to discuss supply cuts

Oil jumps about $4 as OPEC+ weighs biggest output cut since 2020

An aerial view shows tugboats helping a crude oil tanker to berth at an oil terminal, off Waidiao Island in Zhoushan, Zhejiang province, China July 18, 2022. cnsphoto via REUTERS

Russia's surging oil exports to China in Aug fail to keep Saudis down

Oil edges higher as market weighs weak demand, potential supply disruption

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian

Oil falls on concerns economic slowdown may dent fuel demand

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian

Oil edges lower as supply disruption concerns ease

Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB) gasoline, CARB diesel fuel, and other petroleum products, in Carson, California, US, March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan/File Photo

Oil slips as US crude stockpiles rise

Pump jacks pump oil at an oil field on the shores of the Caspian Sea in Baku, Azerbaijan, October 5, 2017. REUTERS/Grigory Dukor

Oil sinks about 4% after weak factory data sparks demand concerns

Model of Oil barrels are seen in front of rising stock graph in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration

Oil rises as Russian gas cut to Europe may encourage switching to crude

The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, US, April 27, 2020. REUTERS/Adrees Latif

Oil edges higher; market wary of US inflation data

Models of oil barrels and a pump jack are displayed in front of a rising stock graph and "$100" in this illustration taken February 24, 2022. REUTERS

Oil prices plunge on dimming demand, recession fears

Oil prices bounce back from Tuesday tumble as supply concerns return