Post Tagged with: "demand outlook"

Source: BOE Report

Oil slides as renewed China COVID curbs temper fuel demand outlook

BOE Report


Oil prices fell on Tuesday as fresh COVID-19 curbs in China, the world’s biggest crude importer, and fears of a global economic slowdown weighed on the fuel demand outlook.

 

U.S. West Texas Intermediate crude for August delivery …

Lack of investment, more demand to drive oil price volatility – industry execs

Lack of investment, more demand to drive oil price volatility – industry execs

Reuters


SINGAPORE – A lack of investment in new oil and gas supplies, amid a shift in focus to cleaner fuels, is likely to drive price volatility in the next decade as demand for traditional energy sources grows, senior industry …

September 28, 2021 - 12:48 pm Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News
Source: Reuters

Oil firms as demand hopes outweigh rise of COVID-19 variant

Reuters


LONDON – Oil prices rose on Tuesday as broad hopes for a demand recovery persisted despite new outbreaks of the highly contagious Delta variant of the coronavirus prompting fresh mobility curbs worldwide.

Brent crude futures were up 50 cents, …

Source: Reuters

Oil steadies as frail demand outlook offsets U.S. stock fall

Reuters


LONDON  – Oil prices steadied on Thursday, as the bullish impact of a fall in U.S. inventories was offset by a stronger dollar and a renewed wave of coronavirus cases in Europe that led several countries to reimpose travel …

Oil Falls 3% as Trade War Concerns Hit Demand Outlook

Oil Falls 3% as Trade War Concerns Hit Demand Outlook

From Reuters


Global oil benchmark Brent futures fell more than 3% on Monday on global growth concerns after U.S. President Donald Trump last week threatened China with more tariffs, which could limit crude demand from the world’s two biggest buyers.…