Tag: oil prices

Oil Prices Fall To a 3-Week Low on China’s Virus Curbs,...

WTI crude hits the lowest price since May in intraday trade Wall Street banks cut China growth forecasts China's July crude imports down...

Oil Market Plunge 7% For The Week Due To Covid Surge

Despite a steady stream of data and analytical arguments to the contrary, crude traders on Friday were fully consumed by the notion that...

Oil Prices Modestly Up on Tight Supplies

Oil prices steady as virus spread counters tight supplies The API data showed crude stocks fell by 4.7 million barrels and gasoline inventories...

Oil Prices Up $1.50/bbl As Demand Grows

Demand has seen outstripping supply in the second half of the year. U.S. crude inventories rise but still falling at Cushing - EIA. ...

US Inventories Fall, Oil Prices Rose Over 2%

Oil prices rose for a second day on Friday as the market reacted to falling US inventories, and signs of strong Asian demand...

Oil Prices To Strengthen Market In Upcoming Days

Commodities are on a bull run, playing the triple themes of a recovering global economy, a weakening dollar and the possibility of an...

Effects Of Shale Recovery In Oil Markets

The energy sector has this year emerged as the best-performing of all 11 U.S. market sectors. Oil prices appear to have stabilized in...

Oil Price Plunged 4.6% Amid Virus Risk

According to an article published in Bloomberg Quint, Oil plunged the most in nearly two weeks as growing delays in Europe’s reopening and looming...

Experts Expect Oil Companies To Reduce Output After Suez Crisis

Traders have to deal with many varied and obscure headlines whilst sitting at their screens. And today is no exception with the Suez Canal...

World Commerce Resumes With The Suez Canal Crisis Concluded

Almost a week after an errant cargo ship brought a vital maritime passageway to a halt, the Suez Canal is open for business again,...
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