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Daily (27.01.2020): Brent oil posted a 6.4% weekly decline on concerns of a possible global coronavirus pandemic
Oil prices posted their worst week since more than a year on Friday, on worries that the coronavirus will spread further in China, hurting demand for oil.
read more... 27/01/2020
Daily (24.01.2020): Energy prices in a bearish mood on Thursday on worries about coronavirus, weaker demand and milder weather
Oil prices ended lower on Thursday as the rapid spread of the new coronavirus could dent demand for black gold. Oversupply concerns, despite oil production disruption in Libya, also put pressure on prices.
read more... 24/01/2020
Daily (23.01.2020): Brent fell over 2% on Wednesday on supply glut concerns, coronavirus spread in China
Crude oil prices fell more than 2% on Wednesday following a supply glut forecast released by IEA. Moreover, the spread of China’s coronavirus increased concerns about demand. Brent crude for March delivery dipped $1.38, or 2.1%, to settle at $63.21 a barrel on ICE London. WTI for February shed $1.64, or 2.8%, to end at $56.74 on NYMEX.
read more... 23/01/2020