Post Tagged with: "demand risk"

Source: BOE Report

Oil prices slip as China import drop signals demand risk

BOE Report

Oil prices fell on Wednesday over fresh concerns about demand after data showed that China’s first-half crude imports dropped, but were still holding near a one-week high amid worries about supplies as the world recovers from the coronavirus

Source: CNBC

Oil drops as demand risk rises, U.S. stockpiles fall less than expected


Oil prices fell on Thursday as major producers warned of a risk to demand recovery if the coronavirus crisis is prolonged, while U.S. crude inventories dropped less than expected.

Brent crude was down 47 cents, or 1%, at $44.90 …

August 20, 2020 - 11:30 am Closing Bell Story‎, Crude Oil News, Energy News, OPEC