Oil prices rose to over one-month highs on Tuesday as a weaker U.S. dollar supported commodities and on expectations that crude inventories fell in the United States, the world’s biggest Continue Reading
Oil edged higher with help from a weakening dollar while a worsening demand picture in parts of the world continued to hold back prices from another breakout. Futures in New Continue Reading
Oil steadied near $67 a barrel as the benefits of a weaker dollar were offset by the sweep of the coronavirus pandemic across key importer India. Brent futures traded little changed, Continue Reading
Crude oil futures slipped during mid-morning Asian trade on April 19, as concerns on the pandemic front pulled the market back after it ended higher last week on bullish data Continue Reading
Oil posted the biggest weekly gain since early March as signs emerged of a recovery from the pandemic gaining traction in the U.S. and China. Futures in New York advanced Continue Reading
Wood Mackenzie has highlighted that under its Accelerated Energy Transition Scenario (AET-2), oil demand will drop significantly, and with it, oil prices. Wood Mackenzie has highlighted that under its Accelerated Continue Reading
Crude oil futures were rangebound during mid-morning Asian trade April 16, as bullish sentiment, bolstered by signs of increasing US and Chinese economic activity, was tempered by the dire coronavirus Continue Reading
Oil edged higher at the end of a week in which prices have climbed on optimism the recovery in demand from the Covid-19 pandemic is improving. Futures in New York rose Continue Reading
Oil rose above $67 a barrel on Friday, gaining for a fifth session, as a stronger demand outlook and signs of economic recovery in China and the United States offset Continue Reading
Oil extended its climb out of a month-long trading range with further signs of an accelerating rebound taking shape in the U.S. Futures in New York inched up alongside a Continue Reading
