Tag: Oil Price
Oil falls as concerns mount over rising coronavirus cases in China
(S&P Global Platts) Crude oil futures tumbled during the mid-morning trade in Asia January 18, as rising coronavirus cases in China raised fresh demand-side...
Oil price projections remain uncertain, Guyana already warned not to spend...
Extreme price volatility has been a key feature of the oil industry and can have a major impact on the ability of governments to...
Oil holds close to 11-month high, edges above $56
(Reuters) - Oil rose above $56 a barrel on Tuesday and stayed close to an 11-month high, as tighter supply and expectations of a...
Goldman sees Brent hitting $65/b by June
(S&P Global) Goldman Sachs sees Brent crude rising to $65/b by the middle of 2021, up to six months earlier than previously forecast, as...
Oil prices fall on renewed coronavirus concerns
(Reuters) - Oil prices fell on Monday on renewed concerns about global fuel demand amid strict coronavirus lockdowns in Europe and new movement restrictions...
Oil prices touch multi-month highs
(Reuters) -Oil prices touched multi-month highs on Monday on expectations OPEC and allied producers may cap output at current levels in February and on...
Oil futures rise on news of decreases in inventories
Crude oil futures ticked up during midmorning trade in Asia on December 30 as bullish data from the American Petroleum Institute (API) boosted market...
This year was like no other for oil prices
(Reuters) Even as global prices end the year at about $51 a barrel, near the average for 2015-2017, it masks a year of volatility....
Oil’s brief rally fades
(Bloomberg) A brief rally in crude oil deflated Monday as investors ignored a broader market surge that pushed equities to an all-time high and...
Oil prices climb higher as Trump signs aid bill
(Reuters) - Oil prices edged higher on Monday after U.S. President Donald Trump signed a $2.3 trillion coronavirus aid and spending package, although lingering...