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.
Sat, Jul 11, 2020
Oil prices climbed more than 2% on Friday after the International Energy Agency (IEA) bumped up its 2020 demand forecast.
Fri, Jul 03, 2020
Crude prices fell on Friday as the resurgence of the coronavirus globally and in the United States, the world`s largest oil consumer, dimmed the prospects of fuel demand recovery.
Thu, Jul 02, 2020
Oil prices slipped in early trade on Thursday after California reimposed some coronavirus lockdown measures, stoking worries a resurgence in COVID-19 cases will stall a recovery in fuel demand.
Wed, Jun 24, 2020
Oil prices were little changed on Tuesday, hovering near their highest levels since early March after U.S. President Donald Trump soothed jangled nerves over U.S.-China trade.
Tue, Jun 23, 2020
Brent crude was up 6 cents at $43.14 a barrel at 0046 GMT, after gaining 2.1% on Monday. U.S. oil was up 8 cents at $40.81 a barrel, having risen 1.8% in the previous session.
Wed, Jun 03, 2020
Oil prices rose on Wednesday to a near three-month high amid optimism that major producers will extend production cuts as the world recovers from the coronavirus pandemic.
Tue, Jun 02, 2020
Oil prices crawled higher on Tuesday, with traders waiting to see whether major producers agree to extend their huge output cuts to shore up prices at a meeting expected later this week.
Fri, May 22, 2020
Oil prices were on the rise on Friday, heading for a fourth straight week of gains, amid more evidence that fuel demand is recovering as countries ease business and social restrictions.
Thu, May 21, 2020
Oil prices edged higher on Thursday after data showed US crude inventories fell again, easing concern about a supply glut, though lingering fears over the global economic fallout from the COVID-19 pandemic capped gains.
Wed, May 20, 2020
Oil prices dipped on Wednesday as concerns over the lasting economic fallout from the coronavirus pandemic outweighed signs of improving demand and production cuts by major oil producers.
Tue, May 19, 2020
Brent crude climbed $0.85, or 2.4%, to $35.66 a barrel by 0033 GMT, after touching its highest since April 9.
Tue, May 12, 2020
Oil price futures rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June to help drain the glut in the global market.
Sat, May 09, 2020
Oil prices settled 5% higher on Friday in their second consecutive week of gains as U.S. producers cut production with the number of drilling rigs falling to a record low.
Fri, May 08, 2020
Oil prices rose on Friday as more countries began easing lockdowns set in place to stop the coronavirus spreading, giving hope that demand for fuels will pick up.
Thu, May 07, 2020
Oil prices rose on Thursday after US inventories swelled less than expected, but market watchers predicted further gains could be capped by the ongoing glut in crude supplies as the coronavirus pandemic crushes fuel demand.
Wed, May 06, 2020
Oil prices fell on Wednesday, ending a multi-day streak of gains, as investors focused on oversupply risks after US crude inventories rose more than expected amid a slump in demand caused by restrictions to halt the coronavirus spread.
Tue, May 05, 2020
Oil price was up 3% on Monday as more countries announced they would begin easing coronavirus lockdowns and as crude supply cuts by the world`s top producing nations and companies take hold.
Fri, May 01, 2020
Oil prices jumped on Friday, extending the previous session`s gains, buoyed by a lower-than-expected gain in U.S. crude inventories and the start of output cuts in a bid to offset a slump in fuel demand triggered by the coronavirus pandemic.
Thu, Apr 30, 2020
Crude Oil Price MCX: In view of the increased volatility in Crude Oil contracts, the Multi Commodity Exchange has raised the MCX crude margin money on light sweet crude oil future contract to 100 per cent for those who want take a buy position.
Wed, Apr 29, 2020
Oil prices climbed on Wednesday, trimming some of this week`s steep losses after U.S. stockpiles rose less than expected and hopes grew for demand to pick up.
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