Oil prices rose on Wednesday, with Brent gaining a seventh straight day, amid broad optimism as new coronavirus cases fell […]
Tag: opec
Crude Oil Slumps, Coronavirus Concerns Resurface
Crude Oil were sharply lower Tuesday, snapping a five-day rally, with investors returning to fretting about how fuel demand will […]
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 […]
Coronavirus Will Hit Oil Hard
Everyone agrees that the novel coronavirus (Covid-19) that has shut down large parts of China’s industry and brought travel to […]
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 Prices Signal Glut as Virus Pushes Brent into Contango
Oil prices indicated that global markets face a renewed surplus as Asia’s coronavirus hits demand, with discounts on prompt supplies […]
Oil slips on weaker Chinese demand, traders await OPEC+ cuts
Oil prices slipped on Monday on weaker Chinese oil demand in the wake of the coronavirus outbreak and as traders […]
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 […]
Crude Oil Rebounds; OPEC Production Cuts Eyed
Oil prices posted gains Tuesday, rebounding from one-year lows amid signs major oil producers will get together to cut production, […]
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 […]
