by pallanus | Jul 3, 2020 | Business News
Oil prices eased on Friday, reversing earlier gains, as the resurgence of the coronavirus globally and in the United States, the world’s largest oil consumer, stoked worries that a fuel demand recovery could stall. Brent crude futures were down 29 cents, or 0.7 per...
by pallanus | Jun 26, 2020 | Business News
Oil prices inched up on Friday as the bullish impetus from signs of fuel demand recovery was kept in check by a rising number of new coronavirus cases in the United States and China and tentative expectations of US output ticking up. Brent crude futures were 38 cents...
by pallanus | Jun 26, 2020 | Business News
Oil prices rose on Friday, extending gains from the previous day on optimism about recovering fuel demand worldwide, despite a surge in coronavirus infections in some US states and indications of a revival in US crude production. US West Texas Intermediate (WTI) crude...
by pallanus | Jun 23, 2020 | Business News
Oil prices were steady on Tuesday, holding onto the previous session’s gains, amid more signs of fuel demand picking up after the depths of the coronavirus pandemic as major crude producers continue to stick to supply cuts. Brent crude was up 6 cents at $43.14 a...
by pallanus | Jun 22, 2020 | Business News
Oil prices slid on Monday as concern grew that a record rise in coronavirus infections worldwide could stall a recovery in fuel demand, outweighing tighter supplies from major producers. Brent crude fell 10 cents, or 0.2%, to $42.04 a barrel by 0655 GMT, while U.S....
