Oil prices tumble on fears of global economic recovery
Brent crude futures dropped about 1%, to $54.65 a barrel, after losing 2.3% on Friday.
Brent crude futures dropped about 1%, to $54.65 a barrel, after losing 2.3% on Friday.
Oil prices were under pressure on fears of recent lockdown measures sighted in China.
Oil prices are under pressure, and recent customs data reveal that crude imports into China were up 7.3% in 2020.
Brent crude futures gained 0.63% to trade at $54.72 a barrel while the WTI futures rallied by 0.61% to trade ...
Oil prices drifted lower amid reports revealing OPEC+ members are disconnected as regards to February crude oil output quota.
WTI futures traded at $48.85 a barrel thereby printing a gain of 0.68% and Brent crude futures gained 0.69% to ...
Recent data retrieved from the American Petroleum Institute (API) reveals a decline of 4.785 million barrels for the week ending ...
Brent crude was down by 0.39% to trade at $51.17 a barrel and West Texas futures dropped lower by 0.23% ...
Crude Oil prices dropped deeper at the second trading session of the week, following a new strain of COVID-19 virus.
Crude oil prices were fired up for the seventh straight week leading to the longest winning streak since April 2019