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Tag : Organisation of the Petroleum Exporting Countries

Business

Oil prices hold near multi-week lows on demand worries

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Oil prices edged up on Thursday, but held near multi-week lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID-19...
Business

Oil prices advance as China ramps up United States crude imports

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Akos Stiller/Bloomberg via Getty Images Oil prices rose on Monday as China’s plans to ship in large volumes of United States crude in August and...
Business

Oil prices rise, head for weekly gain

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Oil prices advanced on Friday and were heading for the second week of gains amid growing confidence that demand for fuel is starting to pick...
Business

Oil prices fall over rising coronavirus numbers

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Oil prices slid on Tuesday amid concerns that a nascent recovery in fuel demand could stall as a fresh wave of COVID-19 infections around the...
Business

Oil prices ease after OPEC, allies reach new agreement

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Reuters Oil prices eased on Thursday after OPEC and allies, such as Russia, agreed to taper record supply curbs from August, though the drop was...
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Oil edges lower as US inventory build stokes supply fears

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Oil prices dipped on Wednesday after industry data showing a build in United States crude stockpiles added to worries about oversupply, but hopes for a...
Business

Oil prices fall amidst US coronavirus case surge

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Oil prices fell on Tuesday, erasing earlier gains, on concerns that the surge in coronavirus cases in the United States, the world’s biggest oil user,...