Category: Prices

Oil prices edged higher on Wednesday, supported by a fall in U.S. inventories and Mideast geopolitical tensions, but the increasing spread of the coronavirus Delta variant in top consuming countries Continue Reading

Crude oil prices moved lower today after the Energy Information Administration reported an inventory build of 3.6 million barrels for the week to July 30. This compared with analyst expectations of a 2.9-million-barrel Continue Reading

 Oil prices edged higher on Wednesday, supported by a fall in U.S. inventories and Mideast geopolitical tensions, but the increasing spread of the coronavirus Delta variant in top consuming countries Continue Reading

Delta Cases Rise in Mainland China Oil declined for a second day as the spread of Covid-19’s delta variant in China threatened to disrupt the recovery in global crude consumption. Continue Reading

Crude oil markets have been jittery lately as additional OPEC+ output counters expectations of continued strong demand and coincides with concerns about the resurgence of Covid-19 in key markets. Yet Continue Reading

 Crude oil futures ticked slightly higher during mid-morning trade in Asia Aug. 3 as investors sought to take advantage of lower prices following an overnight plunge, with a weaker US Continue Reading

Delta Cases Rise in Mainland China Oil reversed earlier losses as sentiment improved in broader markets even though the spread of the delta coronavirus variant, including in the key market Continue Reading

China July factory activity grows at slowest pace since Feb 2020 OPEC July oil output hits 15-month high -survey U.S. will not lock down despite coronavirus surge, Fauci says LONDON, Continue Reading

Crude oil futures fell in mid-morning trade in Asia Aug. 2 amid concerns over the resurgent spread of COVID-19, after the weekend brought a slew of reports of rising cases Continue Reading