Crude Oil were sharply lower Tuesday, snapping a five-day rally, with investors returning to fretting about how fuel demand will […]
Tag: crude oil
Oil’s Brent Benchmark Breaks Key $55 Support as Virus Drains Demand
Crude oil’s top benchmark Brent broke the key $55 per barrel support on Monday as China’s coronavirus crisis entered its […]
Oil prices slip as investors seek clarity on U.S.-China trade deal
Oil prices on Monday slid off near three-month highs hit last week as investors searched for clarity beyond the initial […]
OPEC+ faces “major challenge” in 2020 from competitors’ surging output
The Organization of the Petroleum Exporting Countries and its allies face stiffening competition in 2020, the International Energy Agency said […]
Mitsubishi to shut Singapore oil-trading unit after unauthorized losses
Mitsubishi Corp Japan’s biggest trading group, said on Wednesday it would shut its Singapore-based crude oil and fuel trading unit […]
Oil Prices Drift as Market Digests U.S. Market Signals
Crude oil prices drifted sideways on Friday amid a dearth of market-moving news, at the end of a week which […]
Oil Prices Retreat After Iran Tanker Scare, IEA Update
Crude oil prices retraced from an earlier spike on Friday after Iranian claims of an attack on one of its oil […]
Oil prices rise in renewed hope of trade
President Donald Trump said at the weekend he is not interested in a partial deal, and Commerce Secretary Wilbur Ross […]
Market shocks by Saudi Arabia disruption
The official Manufacturers Purchasing Managers Index of China and PMI Manufacturing Caixin were both higher than expected, data showed on […]
New oil shock unlikely, despite Saudi unrest
In 1973, following an embargo by the Organization of Petroleum Exporting Countries against Israeli allies in the midst of the […]
