Oil fell for a fourth day, heading for the longest run of losses since March, on the threat to demand from the delta coronavirus variant. West Texas Intermediate futures declined Continue Reading
Oil prices fell on Tuesday, with both contracts heading for a fourth straight session of losses, weighed down by a weak demand picture in Asia and OPEC and its allies Continue Reading
Oil prices fell on Tuesday, with both contracts heading for a fourth straight session of losses, weighed down by a weak demand picture in Asia and OPEC and its allies Continue Reading
Oil fell for a fourth day, heading for the longest run of losses since March, on the threat to demand from the delta coronavirus variant. West Texas Intermediate futures declined Continue Reading
Oil sank for a third consecutive day as Chinese economic data disappointed and the spread of the delta coronavirus variant hurt prospects for global demand. West Texas Intermediate slumped as Continue Reading
Oil prices fell more than 1% on Monday, dropping for a third session after official data showed that refining throughput and economic activity slowed in China in an indicator that Continue Reading
As highlighted repeatedly by OilPrice.com there are two extremely powerful reasons why the oil price has been effectively capped around US$75-80 per barrel of Brent since the end of the Continue Reading
Oil markets started off the week under pressure as continued speculative “long” liquidation amid delta variant demand concerns weighed on prices. However, in an ironic twist, the oil market got Continue Reading
Crude oil futures were lower during mid-morning Asian trade Aug. 16 as investor concerns over the fast-spreading delta variant resurfaced amid restrictive movement curbs in oil-consuming giant China and a Continue Reading
Oil sank for a third consecutive day as Chinese economic data disappointed and the spread of the delta coronavirus variant hurt prospects for global demand. West Texas Intermediate slumped as Continue Reading
