U.S. sanctions on Rosneft Trading SA threaten to hit Venezuela’s ability to export oil, choking off the main source of […]
Tag: oil
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 Heads for Fifth Weekly Loss as Demand Concerns Dominate
Oil headed for a fifth weekly loss as demand concerns grow in Asia and Europe, while OPEC+ awaited Russia’s response […]
Oil Rises as OPEC+ Officials Meet to Check Virus Hit to Demand
Oil climbed to $51 a barrel in New York as officials from OPEC+ gathered on Tuesday for an urgent meeting […]
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 […]
Crude Oil Edges Lower; OPEC Production Cuts Eyed
Oil prices pushed lower Monday, continuing the recent weakness in the wake of the virus outbreak in China, but losses […]
Oil rises as WHO declares emergency
Oil prices rose on Friday but were still set for a fourth consecutive weekly loss, as markets attempted to assess […]
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 […]
Oil Trades Near Six-Week Low as Data Shows U.S. Stockpiles Rose
Oil traded near a six-week low as industry data showing an increase in U.S. crude stockpiles re-affirmed expectations that global […]
