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Tag : WTI

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 slips below $45 on-demand concerns, set for weekly rise

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Oil dipped below $45 a barrel, on Friday, on worries that a demand recovery would slow due to a resurgence of coronavirus cases. Although a...
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...
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,...