page 10
Oil prices slid for a second straight session on Monday as coronavirus cases rose in the United States and other places, leading some countries to resume partial lockdowns that could hurt fuel demand. Brent crude dropped 83 cents, …
Oil prices rose on Friday, extending gains on optimism about a recovery in fuel demand worldwide, despite a surge in coronavirus infections in some U.S. states and signs of a revival in U.S. crude production. U.S. West Texas …
Oil prices slipped on Thursday, extending losses of more than 5% in the previous session, weighed down by record high U.S. crude inventories and worries that a rapid resurgence in Covid-19 cases could choke a revival in fuel demand. …
Oil climbed on Monday after major producers agreed to extend a deal on record output cuts to the end of July and as China’s crude imports hit an all-time high in May. Brent crude was up 51 cents, or 1.2%, at $42.81 per …
Oil rose on Wednesday, with Brent above $40 for the first time since March, as optimism mounted that major producers will extend output cuts and a recovery from the coronavirus pandemic will spur fuel demand. Brent crude futures …
Oil prices were up today as the global oil market awaits the meeting this week between the OPEC and its allies to further extend crude production cuts. International benchmark Brent crude was trading at $38.68 per barrel at …
Brent crude oil was up on Friday with a decline in U.S. gasoline stocks, which implies that gasoline demand is picking up in the world's largest oil-consuming country. Brent crude was trading at $35.65 per barrel at 0643 GMT …
Oil prices rose on Tuesday, supported by growing confidence in the market that producers will come good on commitments to cut crude supply while demand picks up with more cars back on the road as coronavirus lockdowns eased around the world. …
Some traders are expecting European gas contracts for near-term delivery to go to zero or even turn negative - which could force sellers to give gas away - following a similar move in the West Texas Intermediate (WTI) oil price last month. …
Oil prices rose slightly after they eased on concerns over rising tensions between the United States and China. WTI crude futures increased 0.78%, to $33.51 a barrel, at 08:31 MSK, while Brent crude futures were up by $0.26 on …
Oil prices slumped this morning, with the price of July Brent oil futures falling by 5.88% to $33.94 a barrel on London’s ICE as of 06:47 Moscow time. Brent price has dropped by 6.99%, reaching $33.54 per barrel, the data as …
Oil prices rose for a fourth straight session on Tuesday amid signs that producers are cutting output as promised just as demand picks up, stoked by more countries easing out of curbs imposed to counter the coronavirus pandemic. …
Oil prices climbed by more than $1 a barrel on Monday to their highest in more than a month, supported by ongoing output cuts and signs of gradual recovery in fuel demand as more countries ease curbs imposed to stop the coronavirus pandemic …
Global oil prices showed gains on Friday with a fall in U.S. stocks after 15 successive weeks of increases and on concerns over a second wave of COVID-19. International benchmark Brent crude was trading at $31.95 per barrel at 6.45 …
Oil prices climbed on Thursday following an unexpected drop in U.S. crude stocks, but gains were capped by a bleak outlook for the world’s No. 1 economy as the coronavirus pandemic crushes fuel demand, and concern over a potential second …
Oil prices were up on Tuesday as Saudi Arabia is planning to make deeper cuts in its crude production level to support prices. International benchmark Brent crude was trading at $29.88 per barrel at 0647 GMT for a 0.84% increase after …
Oil prices have edged-up on hopes that fuel demand will pick up as some countries started easing coronavirus lockdown measures that were put in place to contain the spread of the outbreak. WTI crude futures increased $0.49, or 2%, …
The offering will be less than the need and then the price will go back very high
Oil prices reversed course to edge lower on Wednesday as a higher than expected rise in US inventories refocused investors on the risk of oversupply amid a coronavirus-driven slump in fuel demand. WTI crude futures fell 27 cents, …
Oil prices climbed in early trade on Tuesday, adding to gains in the previous session, on expectations that fuel demand will begin to pick up as some U.S. states and nations in Europe and Asia start to ease coronavirus lockdown measures. …
