Oil prices edged higher on signs that production cuts are easing a virus-triggered glut.
Equities rallied again and oil prices built on the previous day’s surge.
Oil prices rallied, helping boost equity markets on fresh tensions between US and Iran.
Crude oil producers are willing to pay someone to take the product off their hands. How could this happen?
Oil prices have collapsed to more than 20-year lows yesterday.
Cambodia’s retail gasoline price has strongly declined for the first time because of the fall on the international market.
Coronavirus and subsequent market collapse result in the lowest oil demand outlook.
Oil prices fall as coronavirus and price war eclipsed pledges by major economies.
Oil prices extend gains as rising US-Iran tensions fuelled supply concerns.
Brent Crude fell 43 cents to $63.41 in London while in New York fellow benchmark West Texas Intermediate fell 30 cents to $57.81.
With oil prices nudging steadily higher, market expectations are for crude-pumping countries to prolong their deal to curb output.
Retail prices for gasoline are gradually increasing, up by approximately 5 percent.
Oil gains after Saudi Arabia pledges to curb exports and OPEC members to boost cuts.
Oil markets steadied yesterday, supported by firm demand but weighed down by high supplies from OPEC.