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Post Tagged with: "demand woes"

Source: Reuters

Oil firms as dollar slips, but demand worries persist

Reuters

LONDON – Oil rose about 1% on Thursday after early declines on a weaker dollar and U.S. inventory drawdowns, but delays to vaccine rollouts and fresh travel curbs to prevent new coronavirus outbreaks kept further gains at bay.

Brent …

January 28, 2021 - 9:00 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News
Source: Reuters

Oil steadies as U.S. inventory fall tempers demand woes

Reuters

LONDON – Oil prices were broadly steady on Wednesday as rising global COVID-19 cases took the shine off an earlier rally spurred by a bigger-than-expected drop in U.S. crude inventories.

Brent crude prices were up 11 cents, or 0.2%, …

January 13, 2021 - 9:45 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News
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