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Tag : West Texas Intermediate

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 rise on falling US dollar

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Oil prices recovered on Tuesday, erasing overnight losses, as investors moved into risk assets and away from the safe-haven U.S. dollar, which tumbled to multi-year...
Business

Oil prices bolstered by bigger-than-expected drop in U.S. crude stocks

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This bolsters hopes that fuel demand in the world’s biggest economy can weather the coronavirus pandemic. Brent crude was up 15 cents, or 0.3 per...
Business

Asian markets rise on fresh vaccine hopes, eyes on earnings

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Agence France-Presse Asian markets rose Monday, recovering some of the losses at the end of last week, as investors followed a strong performance on Wall...
Business

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,...