Oil prices plunge on fears OPEC+ may increase Oil supply
Oil traders are becoming wary that OPEC+ will increase oil output and further distort the energy demand/supply dynamics.
Oil traders are becoming wary that OPEC+ will increase oil output and further distort the energy demand/supply dynamics.
Brent oil futures lost about 0.2% to trade around $61 a barrel
Brent crude futures rose by 0.3%, to $57.62 a barrel, in a fourth straight day of gains after hitting $58.05 ...
Brent crude was down by 0.24% to trade at $55.12 barrel, and WTI futures inched down by 0.10% to $52.22 ...
Brent oil crude futures gained 0.40% to trade at $54.95 while WTI futures were dropped 0.23% to trade at $52.30 ...
Crude oil prices drifted lower at the first trading session of the week.
Both Crude oil benchmarks dropped more than 2% with WTI sliding to its lowest.
Brent crude prices in the last few weeks, keep ranging between the $44-$46 ranges.
IEA has just released its Oil Market Report for May 2020, with reliable data, forecasts, and analysis of trends in ...
With the slowdown in supply glut and improvement in oil demand due to easing of lockdown in economies across Europe, ...
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