Oil prices down, COVID-19 weighs hard on traders
Oil traders are concerned about the blurred demand outlook in the short term.
Tag: West Texas Intermediate
Crude oil prices post third weekly losses in four weeks
Crude prices printed their third weekly loss in four at the end of its most recent trading session.
Oil prices propel above $40/barrel but bulls prospect remains weak
Brent crude (LCOc1) was up 0.41% to trade at $42.11 a barrel by 0706am GMT.
Crude oil prices post more than 10% losses in 2 weeks
Brent lost 6.6% for the week, adding to the previous week’s drop of 5.3%.
Crude oil prices drop below $40/barrel, as COVID-19 caseloads approach 27.5 million
Brent crude futures were down by 0.65% trading at $39.52 falling below $40 a barrel.
Crude oil prices drop over Saudi’s massive price cuts for supply to Asia
Saudi's made the biggest price cuts on its crude grades since May as demand recovery for fuel hopes faded.
Brent crude prices set to post fifth straight monthly gains
Brent crude prices in the last few weeks, keep ranging between the $44-$46 ranges.
Crude oil prices drop, as OPEC+ meet today
Brent crude futures dropped about, or 0.75%, to trade at $45.12 a barrel by 05.37 am GMT.
Crude oil prices record gains, as Iraq pledges to curb crude oil production
Oil markets traded softer into the weekend on the back of escalating US-China tensions.
Crude oil price remains relatively stable amid mixed economic data
Brent crude futures rose slightly at 0.13% to trade at $45.23.
