Fri, Aug 02, 2024
Oil prices set for 4th weekly fall as demand concerns weigh
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Thu, May 02, 2024
Crude oil fell by 5% yesterday, crude oil at its lowest level in 7 weeks... Why was there a sharp fall in crude oil?
Mon, Mar 04, 2024
Support for Crude Oil due to OPEC+'s decision - Crude oil production cut will continue. OPEC+'s decision to continue the cut. Now where are Crude Oil's eyes? - Know complete details in this video.
Fri, Aug 28, 2020
Oil prices eased on Thursday as the market expected a quick recovery for production platforms shuttered ahead of a hurricane that churned through the Gulf of Mexico and slammed Louisiana.
Thu, Aug 27, 2020
Oil prices steadied on Wednesday, pressured by worries about the demand outlook during the coronavirus pandemic but buoyed as US producers shut output in the Gulf of Mexico ahead of Hurricane Laura.
Wed, Aug 26, 2020
WTI Crude: Oil prices rose to a five-month high on Tuesday as U.S. producers shut most offshore output in the Gulf of Mexico ahead of Hurricane Laura even as rising coronavirus cases in Asia and Europe capped gains.
Tue, Aug 25, 2020
Oil prices rose on Monday as storms headed for the Gulf of Mexico shut more than half of the region`s offshore production, with the more dangerous of the two storms expected to strike later in the week.
Mon, Aug 24, 2020
Hurricane Marco and Tropical Storm Laura tore through the Caribbean and Gulf of Mexico on Sunday, forcing energy companies to pull workers from offshore platforms and shut down oil production.
Thu, Aug 20, 2020
Oil prices steady on Wednesday as concerns lingered over soft US fuel demand while global producers feared a second prolonged wave of the coronavirus pandemic was a major risk for the market recovery.
Wed, Aug 19, 2020
Oil prices steadied on Tuesday as high compliance with supply cuts from the OPEC+ producer group offset demand fears from the new coronavirus.
Tue, Aug 18, 2020
Oil prices edged lower on Tuesday, mostly holding onto overnight gains after OPEC+ said the producer grouping is almost fully complying with output cuts to support prices amid a drop in demand for fuels due to the coronavirus pandemic.
Wed, Aug 12, 2020
Oil prices fell about 1% on Tuesday after rising earlier in the session as hopes dimmed for a swift stimulus package to relieve the US economy as coronavirus cases increased globally.
Thu, Aug 06, 2020
Oil prices were unchanged on Thursday, struggling to hold onto five-month highs reached in the previous session, as fuel demand worries caused by a second wave of coronavirus infections.
Wed, Aug 05, 2020
Brent crude was down 16 cents, or 0.4%, at $44.27 a barrel by 0117 GMT. It finished 0.6% higher on Wednesday - the highest close since March 6.
Thu, Jul 30, 2020
Oil prices dipped on Thursday as a surge of coronavirus infections around the globe raised fears a rebound in fuel demand would stutter just as major oil producers are set to raise output in August.
Wed, Jul 29, 2020
Oil prices rose on Wednesday after an industry report showed that crude inventories in the United States increased against expectations, giving the market a boost amid record increases of coronavirus infections in the US and elsewhere.
Fri, Jul 24, 2020
Oil edged up on Friday as the dollar fell to an almost two-year low, although demand concerns stemming from rising coronavirus cases and US-China tensions kept a lid on prices.
Wed, Jul 22, 2020
Oil prices fell on Wednesday as industry data showed a bigger- than-expected inventory build in the United States.
Tue, Jul 21, 2020
Brent futures were up 15 cents, or 0.4%, at $43.43 by 0117 GMT, while West Texas Intermediate (WTI) edged up 2 cents to $40.83.
Fri, Jul 17, 2020
Oil prices were unchanged on Friday, with trading marked by growing uncertainty about global recovery in fuel demand as new COVID-19 cases surge in several countries.
Thu, Jul 16, 2020
Oil prices rose 2% on Wednesday, supported by a sharp drop in U.S. crude inventories, but further gains were limited as OPEC and its allies are set to ease supply curbs from August.
Wed, Jul 15, 2020
Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed to in June, although demand concerns lingered due to increased cases of COVID-19 in the United States.
Tue, Jul 14, 2020
Oil prices slipped about 1% on Monday after global coronavirus cases rose by a record daily amount, fanning fears of renewed government lockdowns, and on growing U.S. and European tension with China.
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