European stock markets traded smoothly with investors focusing on earnings from blue-chip companies like HSBC and BP ahead of the […]
Tag: oil
Oil falls more than 3% as European coronavirus curbs point to demand hit
Oil prices fell more than 3% on Tuesday, hit by concerns that new pandemic curbs and slow vaccine rollouts in […]
Oil Drops On Europe Lockdowns Demand Recovery Hopes
Oil prices resumed their decline on Monday, falling more than 1% on renewed concerns that European lockdowns may slow an […]
European Stocks Extend Gains On Support From Oil
European stocks extended gains on Tuesday after posting their best session in four months a day earlier, as gains in […]
Oil Drops 1%; U.S. Dollar Strength
Oil prices fell on Friday as a collapse in bond prices led to gains in the U.S. dollar and expectations […]
Oil Prices Rise With Storm-hit U.S. Output Set For Slow Return
Oil prices rose on Monday as the slow return of U.S. crude output cut by frigid conditions served as a reminder of […]
Oil Hits 13-Month Highs As Market Re-Balances
Oil prices soared on Monday to their highest in about 13 months as vaccine rollouts promised to revive demand and […]
With Oil Past Peak, Shell Vows To Eliminate Carbon By 2050
Energy giant Royal Dutch Shell (LON:RDSa) vowed to eliminate net carbon emissions by 2050, accelerating previous targets, as oil production […]
Brent Oil Hits $60/Barrel; Highest Since January 2020
The front-month Brent futures contract traded past $60 a barrel early Monday for the first time in over a year, […]
Oil Holds Steady as Supply Cuts Balance Slowing Fuel Demand
Oil prices were mixed on Friday as slowing fuel demand was balanced by a pending supply cut by Saudi Arabia […]
