Tag: Oil Price
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...
Oil edges above $49 as vaccine spurs hopes of faster demand...
(Reuters) - Oil rose above $49 a barrel on Thursday as hopes of a faster demand recovery after the release of COVID-19 vaccines offset...
Oil hits highest since March on vaccine trials, Biden transition
(Reuters) - Oil rose more than $1 a barrel to its highest levels since March as a third promising coronavirus vaccine raised hope for...
Dated Brent boosted by vaccine news a month ahead of Guyana’s...
Rare positive news amid the coronavirus pandemic pushed crude oil flat prices, including the flat price Dated Brent benchmark, sharply higher on Monday, although...
Oil rises on hopes for COVID-19 vaccine, declining U.S. crude stocks
(Reuters) - Oil prices climbed on Wednesday as hopes of an effective COVID-19 vaccine continued to bolster sentiment and an industry report showed U.S....
Oil prices may rise to $50/b in six months, stocks back...
(S&P Global Platts) Oil prices may climb to $50/b in six months and crude stocks fall to "normal" in the 2021 third quarter if...
Oil down more than 1% as markets whipsawed by U.S. election...
(Reuters) - Oil dropped on Thursday as Democrat Joe Biden edged closer to the White House in a nail-biting U.S. presidential election, but the...
Brent drops below $40 as renewed pandemic restrictions cloud outlook
(Bloomberg) --Oil fell sharply with broader markets as renewed restrictions on movement in Europe clouded the outlook for consumption once again. Crude futures in New...