Oil prices rebound after biggest drop in decades Oil prices rebounded today amid dollar weakness and as investors emerged to buy dips after two sessions of steep losses, though economic concerns capped recovery. Business • 05 Jan
US oil shortage eases, but pumps dry in some areas Petrol shortages that have plagued the US East Coast slowly are starting to ease, with 1,000 more stations receiving supplies as the country's largest fuel … Business • 17 May 21
Oil prices jump but India coronavirus cases weigh Oil prices rose today, reversing some of the previous day's sharp losses as stock markets strengthened and the US dollar slipped, though gains were capped … Business • 14 May 21
Oil drops as India's Covid crisis puts brakes on rally Oil prices fell 1% today as India's coronavirus crisis deepened, halting a rally that had lifted crude to an eight-week high after the IEA and … Business • 13 May 21
Panic buying shuts US gas stations as pipelines reopen The major US pipeline network forced offline by a cyber attack in the past week has begun to reopen, its operator has said, after a … US • 13 May 21
Oil climbs on demand outlook as market waits fresh cues Oil prices rose today on signs of a speedy economic recovery and upbeat forecasts for energy demand supported by vaccinations against Covid-19 although waves of … Business • 12 May 21
Oil dips as pipeline outage fears ease, India weighs Oil prices fell today on fading fears of a prolonged outage of the largest US fuel pipeline system, while India's coronavirus crisis showed scant sign … Business • 11 May 21
US fuel supplies tighten on energy pipeline outage Supplies of gasoline tightened further in parts of the US today as the shutdown of the nation's biggest fuel pipeline by hackers entered its fifth … Business • 11 May 21
Oil up after cyberattack forces shutdown of US pipeline Oil prices rose today after a cyberattack forced the shutdown of major fuel pipelines in the US and raised concerns about supply disruption, outweighing rising … Business • 10 May 21