Oil Edges Lower Amidst Unexpected Rise in U.S Crude Inventories
Oil prices dropped for a second session Thursday, under pressure from an unexpected rise in U.S. crude stocks that raised ...
Read moreOil prices dropped for a second session Thursday, under pressure from an unexpected rise in U.S. crude stocks that raised ...
Read moreOil prices were steady on Thursday following two days of gains after a call from the United States, the world’s ...
Read moreOil prices steadied on Wednesday after a steep drop in the previous session, following the cancellation of talks among OPEC+ ...
Read moreOil prices fell more than 2% as fresh coronavirus lockdowns revived worries about demand for oil products, even as tug ...
Read moreOil prices rose on Monday to their highest in just over a year, with Brent nudging past $60 a barrel, ...
Read moreOil prices climbed on Friday to their highest levels in a year, extending a run of strong gains this week, ...
Read moreOil prices extended gains on Thursday after the OPEC+ alliance of major producers stuck to a reduced output policy, and ...
Read moreOil prices rose around 1% on Tuesday after major producers showed they were cutting crude output in line with their ...
Read more“The Relative Strength Indexes (RSI’s) on both contracts were in overbought territory, indicating a correction was on its way,” said ...
Read moreMeanwhile U.S. crude oil inventories dropped by 1.7 million barrels in the week to Jan. 1 to 491.3 million barrels, ...
Read moreNew Covid-19 cases worldwide have rise to more than 34 million, nearly 2 million more than at the end of ...
Read moreWest Texas Intermediate for August delivery fell 1.9% to $37.75 a barrel on the New York Mercantile Exchange as of ...
Read moreChina, the world’s top crude importer, is also expected to slow crude imports in the third quarter, after record purchases ...
Read moreOil capped its seventh weekly gain in eight on Friday with traders Vitol Group and Trafigura Group saying global demand ...
Read moreOPEC warned in a monthly report the market would remain in surplus in the second half of 2020 even as ...
Read moreInvestors also continued to watch for developments on the geopolitical front regionally, as tensions escalate along the Korean peninsula after ...
Read moreOil prices dropped in the morning of Asian trading hours, with international benchmark Brent crude futures down 2.75% to $37.49 per barrel. U.S. ...
Read moreIn early trading on Tuesday, Hong Kong’s Hang Seng climbed 1.3 per cent to put the benchmark on track for ...
Read moreInternational benchmark Brent crude futures dipped 0.24% to $42.20 per barrel, while U.S. crude futures shed 0.56% to $39.33 per ...
Read moreCrude Oil rose above $40 for first time in three months as investors shrug off US unrest
Read moreOil’s rally started to falter Wednesday after Moscow signaled that it wanted to scale back supply cuts pledged under the ...
Read moreSouth Korea’s Kospi gained 0.5 per cent and Australia’s S&P/ASX 200 added 0.7 per cent.
Read moreDemand for energy collapsed in the U.S and most heavy users of oil globally and traders don’t want to get ...
Read moreThe world’s top oil producers pulled off a historic deal to cut global crude output and put an end to ...
Read moreThe slump in oil may make recovery of global markets even harder as the Corona-Virus pandemic continues to hit markets ...
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