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Post Tagged with: "oil prices steady"

Source: CNBC

Oil steady as virus fears counter positive factory data

CNBC

Oil prices steadied on Monday, pressured by rising COVID-19 cases around the globe and by oversupply worries as OPEC and its allies are set to wind back output cuts in August, but supported by positive industry data in Europe …

August 3, 2020 - 9:00 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News
Oil prices steady, awaiting confirmation of surprise U.S. inventory build

Oil prices steady, awaiting confirmation of surprise U.S. inventory build

Reuters

LONDON – Oil futures steadied on Thursday as the market awaited confirmation of industry data that showed a surprise increase in U.S. crude stocks, which offset hopes for a demand recovery as coronavirus lockdowns ease.

After tumbling on Wednesday, …

May 28, 2020 - 9:00 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, OPEC
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