Crude oil prices edged higher on Tuesday, recovering from a five-day streak of losses, following a rally in global equity markets and on news that OPEC might extend its cuts amid fears the coronavirus could hurt oil demand.
read more... 29/01/2020
Crude oil futures posted modest gains on Friday due to a sluggish economy in China, intensifying worries about fuel demand. For the week, prices were slightly down.
read more... 20/01/2020
Oil prices settled down for a fifth session in a row on Monday as traders evaluated the possibility of an oversupply in crude amid fading geopolitical tensions in the Middle East. Brent crude for March delivery declined by 78 cents, or 1.2% to settle at $64.20 a barrel. WTI, the US crude benchmark, settled down 96 cents, or 1.6%, to end at $58.08 per barrel.
read more... 14/01/2020
Crude oil futures hit a fresh three-month high on Thursday, spurred by a mix of factors: falling U.S. crude stockpiles, soothing U.S.-China trade conflict and OPEC+ output cuts. Brent crude for February delivery rose by 37 cents, or 0.6%, to settle a t $66.54 a barrel, increasing for the sixth consecutive day.
read more... 20/12/2019
Brent crude declined on Monday on concerns about global oil oversupply and limited progress toward resolving the U.S.-China trade war that has clouded the outlook for oil demand. Brent lost 2.4% to settle at $60.92 a barrel.
read more... 03/12/2019