Post Tagged with: "oil dips"

Source: Reuters

Oil dips on demand concerns after IMF cuts growth outlook

US News


LONDON -Oil prices fell in volatile trading on Tuesday on demand concerns after the International Monetary Fund (IMF) reduced its economic growth forecasts and warned of higher inflation.

Brent crude was down $3.94, or 3.4%, to $109.22 a

Source: Reuters

Oil dips after surge in U.S. crude inventories

Reuters


NEW YORK – Oil prices fell on Wednesday after a large jump in U.S. crude inventories in the aftermath of last month’s Texas winter storm, but price declines were limited due to an upbeat forecast for global economic recovery.…

Source: Reuters

Oil dips after unexpected build in U.S. crude stockpiles

Reuters


NEW YORK  – Oil prices slipped on Thursday after industry data showed a surprise increase in U.S. crude inventories that revived pandemic-related fuel demand concerns, while U.S. stimulus hopes buoyed prices.

Brent crude futures fell 3 cents to $56.05 …

Source: Reuters

Oil dips as COVID-19 cases, lockdowns outweigh vaccination news

Reuters


NEW YORK -Oil prices edged lower on Tuesday, extending the previous session’s losses after the U.S. state of California tightened its pandemic lockdown through Christmas and COVID-19 cases surged in the United States and Europe.

Brent crude fell 3

December 8, 2020 - 10:35 am Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Oil dips on surge in COVID-19 infections

Reuters


LONDON – Oil prices fell on Monday on a record daily rise in global coronavirus cases, with big spikes in infections over the weekend in the United States, while traders await an OPEC meeting expected to recommend an easing …

July 13, 2020 - 9:30 am Closing Bell Story‎, Crude Oil News, Energy News