Oil rises on signs of easing supply glut
Oil prices edged higher on signs that production cuts are easing a virus-triggered glut.
Tag: oil prices
Equities, crude surge in Asia on hopes for virus treatment
Equities rallied again and oil prices built on the previous day’s surge.
Stocks rally with oil but virus uncertainty keeps traders on edge
Oil prices rallied, helping boost equity markets on fresh tensions between US and Iran.
How can oil prices be negative?
Crude oil producers are willing to pay someone to take the product off their hands. How could this happen?
Oil prices collapse on storage fears, Asian equities mostly down
Oil prices have collapsed to more than 20-year lows yesterday.
Big fall in petrol prices
Cambodia’s retail gasoline price has strongly declined for the first time because of the fall on the international market.
Oil’s great decline. Is it time to buy?
Coronavirus and subsequent market collapse result in the lowest oil demand outlook.
Oil prices resume losses as morning rally loses legs
Oil prices fall as coronavirus and price war eclipsed pledges by major economies.
Oil prices up nearly 10 percent over US-Iran tensions
Oil prices extend gains as rising US-Iran tensions fuelled supply concerns.
Price of oil dips on pre-OPEC nerves
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.
More cuts expected at OPEC
With oil prices nudging steadily higher, market expectations are for crude-pumping countries to prolong their deal to curb output.
Gasoline retail prices creep up in country
Retail prices for gasoline are gradually increasing, up by approximately 5 percent.
Oil extends gains as Saudi pledges export curbs
Oil gains after Saudi Arabia pledges to curb exports and OPEC members to boost cuts.
Oil steadies as supply meets firm demand
Oil markets steadied yesterday, supported by firm demand but weighed down by high supplies from OPEC.
