Oil falls as demand worries counter US stimulus hopes
US West Texas Intermediate (WTI) crude futures dropped 22 cents, or 0.5%, to $40.38 at… Read More
5 years ago
oil
Oil falls further amid growing alarm over coronavirus second wave
The outbreak is threatening hopes for a global economic recovery that could impact demand for… Read More
5 years ago
Oil slips as demand fears outweigh strong US stocks draw
Oil prices eased on Wednesday on concerns that U.S. fuel demand may not recover as… Read More
5 years ago
Oil edges lower after OPEC report, US stocks draw supports
Crude oil prices slipped on Thursday after OPEC said it expected demand for fuels to… Read More
5 years ago
Oil edges higher on hopes for US stimulus, demand recovery
Crude oil gained more ground on Tuesday, with prices underpinned by expectations of U.S. stimulus Read More
5 years ago
Oil ticks up, but gains capped by demand destruction
Oil prices ticked higher on Thursday, although gains were limited by a surprise increase in… Read More
5 years ago
Oil steady as vaccine news counters rise in virus cases
Early data from trials of COVID-19 vaccines released on Monday, raised confidence that a vaccine… Read More
5 years ago
Oil falls below $40 on record US inventories, COVID fears
Oil slipped below $40 a barrel on Thursday after a more than 5% fall the… Read More
5 years ago
Petroleum division urges action against oil dealers, refute news of shortage
The division has also urged action against oil dealers responsible for a manufactured shortage of… Read More
5 years ago
Oil up after Saudis pledge deeper output cuts
Oil prices rose on Tuesday after an unexpected commitment from Saudi Arabia to deepen production… Read More
5 years ago
Oil swings as traders weigh virus progress
Oil prices swung in subdued trade Wednesday after a massive rally this week. Read More
5 years ago
Oil rebounds above $14 after massive sell-off
Oil prices have fallen to historic lows this month, with WTI crashing deep below zero… Read More
5 years ago
US oil falls below $11 as fund sells off holdings
International benchmark Brent crude slipped 4.4 percent to trade at $19.10 a barrel. Read More
5 years ago
Oil extends gains, but still under pressure from virus
Oil markets have plunged in recent weeks as lockdowns and travel restrictions to fight the coronavirus… Read More
5 years ago
Oil plunges again as virus ravages energy markets
Brent crude plunged more than 12 percent to below $17 a barrel Wednesday while US… Read More
5 years ago
US oil bounces after crash but Asia stocks suffer big losses
US crude prices bounced back into positive territory Tuesday, a day after crashing below $0.00… Read More
5 years ago
US oil price plunges almost 40% to 22-year low
New York oil crashed Monday to nearly $11 per barrel, the lowest level since 1998. Read More
5 years ago
Oil near 18-year low on demand devastation warning
International benchmark Brent crude, which also suffered heavy losses a day earlier, rose half a… Read More
5 years ago
Oil rallies as top producers agree massive output cuts
OPEC producers dominated by Saudi Arabia and allies led by Russia met via videoconference for… Read More
5 years ago
Mexican president’s oil vision fuels standoff with Saudis
Mexico has kept the oil industry on tenterhooks by resisting Saudi pressure to sign up… Read More
5 years ago