Post Tagged with: "over 2%"

Source: Reuters

Oil prices rise over 2%; focus on OPEC+, storm-hit Kazakh output

Yahoo Finance


NEW YORK – Oil prices jumped over 2% on Tuesday on the possibility OPEC+ will extend or deepen supply cuts, a storm-related drop in Kazakh oil output and a weaker U.S. dollar. Brent crude futures were up $1.88, …

Source: Reuters

U.S. natgas slides over 2% on forecasts for less demand next week

Nasdaq


Jan 3 – U.S. natural gas futures started the new year down over 2% on Monday on forecasts for less demand next week than previously expected and a drop in global gas prices from record highs.

In the last …

FILE PHOTO: Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song/File Photo

Oil dives over 2%, below US$80 on resurgent COVID-19 pandemic in Europe

Reuters


Oil prices fell on Friday below $80 a barrel as surging COVID-19 cases in Europe threatened to slow the economic recovery while investors also weighed a potential release of crude reserves by major economies to cool prices.

Brent futures …