Post Tagged with: "crude producers"

Source: Reuters

Oil prices set for biggest weekly drop since 2008

Reuters


LONDON  – Oil prices were set for their biggest weekly slide since the 2008 financial crisis despite a 4% bounce on Friday, as the coronavirus outbreak threatened demand and crude producers promised more supply.

Brent crude LCOc1 was up …

Source: Reuters

Oil retreats in face of renewed coronavirus uncertainties

Reuters


LONDON – Oil prices fell on Friday as a rise in new cases of coronavirus and weak Asian data fuelled uncertainty about the economic outlook while leading crude producers appeared to be in no rush to curb output.

Brent …

February 21, 2020 - 10:00 am China, Closing Bell Story‎, Crude Oil News, Energy News