Post Tagged with: "oil prices fall"

Source: Reuters

Oil falls on concerns over storage, weakening economies

Reuters


LONDON – Oil prices fell on Monday, with a U.S. crude futures contract hitting its lowest level since 1998, as concerns that U.S. crude storage will soon be full and bleak economic data hit sentiment.

Brent LCOc1 was down …

Source: Reuters

Oil falls towards $25 as oversupply fears mount with U.S. inventory rise

Reuters


LONDON – Oil fell towards $25 a barrel on Wednesday, within sight of its lowest in 18 years, as a report showing a big rise in U.S. inventories and a widening rift within OPEC heightened oversupply concerns.

Pledges of …

Source: Reuters

Oil falls as Trump says China trade deal could be delayed

Reuters


LONDON – Oil prices fell on Tuesday after U.S. President Donald Trump said that a trade deal with China could be delayed until after the next U.S. presidential election, though losses were capped by expectations for deeper output cuts …