Oil prices jumped more than 4%, up from multi-year lows hit earlier on Monday, as hopes of a deeper cut […]
Tag: crude
Sanctions on Rosneft Unit Threaten Venezuela’s Vital Oil Trade
U.S. sanctions on Rosneft Trading SA threaten to hit Venezuela’s ability to export oil, choking off the main source of […]
Oil rises amid hope for short economic hit from coronavirus outbreak
Oil prices rose on Wednesday, with Brent gaining a seventh straight day, amid broad optimism as new coronavirus cases fell […]
Oil prices steady as coronavirus-related demand concerns weigh
Oil prices were little changed on Monday as concerns of falling fuel demand caused by the economic fallout from the […]
Oil Rallies Back Above $50 While Russia Ponders OPEC+ Virus Plan
Oil rallied back above $50 a barrel as investors waited to see whether Russia would accept an OPEC+ plan for […]
Oil Continues to Weaken on Chinese Demand Fears
Oil prices slumped Thursday, falling near to three-month lows after a surprise increase in U.S. crude inventories compounded fears of falling demand […]
Oil Flat After Mixed Inventory Data; Fed Eyed
Oil prices moved near unchanged in morning trading Wednesday as attention turned to the upcoming Federal Reserve decision. A large […]
Oil prices slide as supply concerns fade
Oil prices fell nearly 1% on Tuesday as investors expected Libya’s oil production to eventually resume following a force majeure […]
OPEC December oil output slips as Nigeria
OPEC oil output fell in December as Nigeria and Iraq adhered more closely to pledged reductions and top exporter Saudi […]
Oil prices rise in Christmas Eve trade amid supply cuts
Oil prices rose on Tuesday in thin pre-Christmas trading after Russia’s energy minister said cooperation with OPEC to support the […]
