oil prices fall Archives - Page 3 of 3

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

April 1, 2020

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 higher output from Saudi Arabia and Russia after a supply pact collapsed and a slide in demand because of the

Oil falls as Trump says China trade deal could be delayed

December 3, 2019

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 from OPEC and its allies. Brent futures LCOv1 fell 39 cents to $60.53 a barrel by 1310 GMT. U.S. West

oil prices fall

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

Oil falls as Trump says China trade deal could be delayed

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