fuel demand
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Oil Gains as Storm Causes US Gulf Production Halts
EghtesadOnline: Oil prices rose on Monday as a tropical storm in the Gulf of Mexico forced companies to evacuate rigs and halt production, but gains were kept in check by wider concerns about…
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Oil Glut Closes Middle East’s Largest Crude Terminal
EghtesadOnline: With the coronavirus choking fuel demand and the world awash in surplus crude, even the Middle East’s main oil-trading hub has run out of room to store unwanted barrels.
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Oil Prices Steady as Coronavirus-Related Demand Concerns Weigh
EghtesadOnline: Oil prices changed little Monday as concerns of falling fuel demand caused by the economic fallout from the coronavirus outbreak in China were offset by expectations that output…