Post Tagged with: "oil prices extend losses"

Source: Reuters

Oil prices extend losses on expected supply increase

Reuters


LONDON -Oil prices fell on Thursday, extending losses as investors braced for increased supplies after a compromise deal between leading OPEC producers and as U.S. fuel stocks rose, raising concerns over demand in the world’s largest consumer.

Brent crude …

Source: Reuters

Oil prices rise 2%, but set for weekly loss on demand fears

Reuters


NEW YORK  – Updated: Oil rose more than 2% in volatile trading on Friday after a sell-off earlier in the week erased about 7% from prices as a new wave of coronavirus infections across Europe dampened expectations of any …