Tag: oil prices
Oil prices ease on rising supplies
(dpa-AFX) - Oil prices fell slightly on Friday as investors weighed rising supplies from major producers and the impact of Covid-19 lockdowns on fuel...
Oil prices rebound as Suez Canal ship runs aground
dpa-AFX/GNA - Oil prices rose about 2 per cent on Wednesday as investors sought bargains after the previous session's slump.
The upside comes after...
Oil prices slip amid demand concerns, weak U.S. data
Oil prices sank on Thursday as market sentiment was dented by weaker-than-expected U.S. economic data and lingering demand worries.
The West Texas...
Oil prices settle mixed amid U.S. inventories data, demand concerns
Oil prices settled mixed on Wednesday as investors digested U.S. stockpiles data amid lingering concerns over crude demand.
The West Texas Intermediate...
Oil prices climb amid demand hopes
Oil prices gained on Tuesday as market sentiment was lifted after the European Union reached a deal on a massive coronavirus aid package.
...
Oil prices rise slightly in volatile trading
Oil prices finished Monday's volatile session with modest gains as investors continued to weigh the impact of the coronavirus pandemic.
The West...
Oil prices drop slightly as demand worries persist
Oil prices fell modestly on Tuesday as soaring COVID-19 cases continued to stoke fears over weaker demand for the crude.
The West...
Oil prices climb ahead of OPEC+ meeting
Oil prices gained on Tuesday as market participants bet on extending output cuts by major oil producers.
The West Texas Intermediate for...
Oil prices gain amid output cuts
Oil prices rose on Monday as market sentiment was boosted by output cuts from major oil producers.
The West Texas Intermediate for...
Oil prices slump amid mounting storage fears
Oil prices suffered heavy losses on Monday amid fears over a growing scarcity of oil storage space as the COVID-19 pandemic wreaked havoc on...
Gold up as crude falls
Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday as gold gained some ground amid tumble of crude...
Oil prices jump amid hopes for output cuts
Oil prices extended gains on Friday amid growing expectations that major producers would coordinate efforts to cut production.
The West Texas Intermediate...
Oil prices fall amid coronavirus-related demand fears
Oil prices extended losses on Friday in heightened fears over weaker crude demand amid the COVID-19 crisis.
The West Texas Intermediate for...
Oil prices rise amid stimulus optimism
Oil prices extended gains on Wednesday as investors are hopeful the United States would approve a massive economic aid package amid the coronavirus fallout.
...
Oil prices settle mixed after Fed rate cut
Oil prices settled mixed on Tuesday after the U.S. central bank's interest-rate cut.
The West Texas Intermediate for April delivery settled 0.43...
WTI crude futures surge on hope of OPEC’s production cuts
U.S. oil prices shot up 4.45 percent Monday, on hope of deeper production cuts by the Organization of the Petroleum Exporting Countries and its...
WTI crude futures surge 4.45 percent
U.S. oil prices shot up 4.45 percent Monday on hopes of deeper production cuts by the Organization of the Petroleum Exporting Countries and partnering...
Weekly oil prices slump amid growing concerns over demand destruction
Oil prices plunged for the week ending Feb. 28 with the prices of West Texas Intermediate (WTI) for April delivery down 16.15 percent and...
Oil prices tumble amid demand fears
Oil prices extended losses on Thursday as fears of weaker demand continued to rattle the market.
The West Texas Intermediate (WTI) for...
Oil prices fall as demand worries persist
Oil prices declined on Wednesday, as worries of weaker crude demand continued to weigh on the market.
The West Texas Intermediate for...
Oil prices slip amid concerns over weaker demand
Oil prices extended losses on Tuesday, as concerns over weaker crude demand persist, weighing on the market.
The West Texas Intermediate for...
WTI crude futures settle 3 percent lower
U.S. oil prices fell sharply on Tuesday.
The West Texas Intermediate for April delivery shed 1.53 dollars, or 3 percent, to close...
Weekly oil prices extend gains amid supply risks, China’s incentive measures
Oil prices extended gains for the week ending Feb. 21 with the prices of West Texas Intermediate (WTI) for April delivery up 2.03 percent...
Oil prices rise on hopes for deeper output cuts
Oil prices settled higher on Wednesday as investors' concerns for oversupply eased.
The West Texas Intermediate for March delivery increased 1.24 U.S....
Oil prices rise on alleviated oversupply concerns
Oil prices rose on Wednesday, as concerns about global crude oversupply further eased.
The West Texas Intermediate (WTI) for March delivery settled...
EIA revises down forecast for oil prices in 2020
The U.S. Energy Information Administration (EIA) on Tuesday forecast Brent crude oil spot prices would average 61 U.S. dollars per barrel in 2020, compared...
Oil prices rise on eased virus concerns
Oil prices rose on Tuesday, as the number of newly confirmed novel coronavirus cases started to drop in China and eased concerns about the...
Oil prices drop on demand concerns
Oil prices dropped on Monday over concerns that the coronavirus outbreak could potentially weigh on crude demand.
The West Texas Intermediate (WTI)...
Oil prices settle mixed as traders await OPEC+ decision
Oil prices settled mixed on Thursday as market participants awaited a key decision from the world's major producers on whether they would deepen output...
Oil prices rise amid easing demand concerns
Oil prices jumped more than 2 percent on Wednesday as investors' concerns for sluggish crude demand eased.
The West Texas Intermediate (WTI)...