Post Tagged with: "oil losses"

Source: Reuters

Oil extends losses with 4% slump on renewed lockdowns

Reuters


NEW YORK – Oil prices tumbled by more than 4% on Thursday, dropping to a five-month low and extending the previous day’s sharp decline on the impact renewed coronavirus lockdowns could have on oil demand.

December Brent crude futures …

Source: Reuters

Oil extends losses after surprise U.S. crude stock build confirmed

Reuters


NEW YORK  – Oil prices extended earlier losses on Thursday after U.S. data showed a surprise build in crude stockpiles last week and on forecasts for lower global oil demand.

Brent futures LCOc1 fell 46 cents, or 1.1%, to …

September 10, 2020 - 10:00 am Closing Bell Story‎, Crude Oil News, Energy News