Advertisements


Brent crude dips on global economy worries, U.S. oil prices steady

Brent crude prices slipped on Monday amid concerns over demand in the wake of weaker growth in major economies, while U.S. oil markets held steady after U.S. drilling activity fell to its lowest level in about two months......»»

Category: topSource: reutersDec 16th, 2018

Brent dips as demand worries weigh, U.S. oil prices hit 2019 high

Oil prices were mixed on Tuesday as concerns about global crude oil demand and uncertainty over the latest round of U.S.-China trade talks countered investor optimism around tightening supplies......»»

Category: topSource: reutersFeb 19th, 2019

Brent oil jumps nearly 3% after Trump lays out plan for easing coronavirus restrictions

Oil prices rose on Friday with Brent gaining nearly 3% after President Donald Trump laid out guidelines on reviving a U.S. economy ravaged by the coronavirus pandemic that has punched a huge hole in global demand for crude and refined products......»»

Category: topSource: reutersApr 16th, 2020

Brent crude benchmark drops as demand worries outweigh output cut

Benchmark Brent oil prices turned negative on Monday, erasing gains made after major producers agreed record global output cuts, pressured by concerns that the cuts will not be sufficient to reduce a glut as the coronavirus pandemic hammers demand......»»

Category: topSource: reutersApr 13th, 2020

Oil slides as demand worries overshadow OPEC deal to deepen supply cuts

Oil prices fell on Thursday as the coronavirus epidemic showed no signs of slowing, feeding worries about the global economy and prompting investors to sell more risky assets like stocks and crude oil and park money in safe havens......»»

Category: topSource: reutersMar 5th, 2020

Oil rises as OPEC backs deeper supply cuts

Oil rose on Thursday after major producers agreed on deeper output cuts to bolster prices as worries intensify over the fast-spreading coronavirus outbreak and its impact on the global economy and crude consumption......»»

Category: topSource: reutersMar 5th, 2020

Oil steady as trade concerns vie with drop in inventories

Oil prices fell on Wednesday as worries over a possible delay in resolving the U.S.-China trade war which has hurt global oil demand competed with a drop in U.S. crude inventories which buoyed prices......»»

Category: topSource: reutersOct 30th, 2019

Futures Movers: Oil prices retreat from one-month high as global-growth worries resurface

Oil futures head slightly lower on Thursday as investors wrestle with the outlook for crude demand amid slack in the global economy......»»

Category: topSource: marketwatchOct 24th, 2019

Oil sinks as manufacturing data feeds global economy worries

Oil prices fell on Tuesday, with U.S. crude futures down 2% after manufacturing data raised concerns about a weakening global economy, while the U.S.-China trade dispute continued to drag on investor sentiment......»»

Category: topSource: reutersSep 3rd, 2019

Oil sinks as manufacturing reports renew global economy worries

Oil prices fell on Tuesday, with U.S. crude futures down 3% after manufacturing data raised concerns about a weakening global economy, while the U.S.-China trade dispute continued to drag on investor sentiment......»»

Category: topSource: reutersSep 3rd, 2019

Oil dips amid economic concerns after U.S. fuel stocks build

Oil prices slipped on Thursday, paring earlier gains, weighed down by lingering worries about the global economy and bigger-than-expected builds in oil product inventories in the United States, the world's biggest oil consumer......»»

Category: topSource: reutersAug 22nd, 2019

Oil inches higher after U.S. crude stocks drawdown, economic worries weigh

Oil prices edged higher on Thursday after a drawdown in U.S. crude inventories, but lingering concerns over the global economy and a build-up in U.S. refined product stocks kept a lid on gains......»»

Category: topSource: reutersAug 21st, 2019

Brent oil in bear market as China-U.S. trade tensions mount

Oil prices fell more than 1% on Tuesday, with Brent crude settling near seven-month lows below $60 a barrel as trade tensions between the U.S. and China intensified worries about weakening global demand......»»

Category: topSource: reutersAug 6th, 2019

Oil rises on supply cuts, Mideast tensions; trade worries cap gains

Oil futures rose on Tuesday as Middle East tensions and OPEC supply cuts kept global benchmark Brent crude above $64 a barrel, while gains were limited by the U.S.-China trade dispute that has dragged on the global economy and crimped oil demand......»»

Category: topSource: reutersJul 9th, 2019

Oil edges up on supply cuts; trade worries limit gains

Oil futures edged up on Tuesday as OPEC supply cuts and Middle East tensions kept global benchmark Brent crude above $64 a barrel, while gains were limited by the U.S.-China trade dispute that has dragged on the global economy and crimped oil demand......»»

Category: topSource: reutersJul 9th, 2019

Oil prices fall on U.S. inventory data, concerns about demand

Oil prices fell in thin trade on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles and worries about the global economy......»»

Category: topSource: reutersJul 4th, 2019

Oil prices dip on signs of slowing U.S. demand, economic concerns

Oil prices fell on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles along with worries about the global economy......»»

Category: topSource: reutersJul 4th, 2019

Oil prices climb as U.S. equities rally, rig count drops

Oil prices edged higher on Wednesday ahead of a U.S. holiday after a steep fall the previous session when worries about a slowing global economy outweighed a decision by OPEC and allies to extend crude output cuts......»»

Category: topSource: reutersJul 3rd, 2019

Oil dips on demand worries even as OPEC, allies extend cuts

Oil prices slipped on Tuesday as concerns that the global economy could be slowing outweighed an agreement by OPEC and allies, including Russia, to extend supply cuts until next March......»»

Category: topSource: reutersJul 2nd, 2019

Oil dips on demand worries despite OPEC cut extension

Oil prices slipped on Tuesday as concerns that the global economy could be slowing outweighed an agreement by producer club OPEC on Monday to extend supply cuts until next March......»»

Category: topSource: reutersJul 2nd, 2019

Futures Movers: Oil slips as demand worries persist, but global stock-market rally lends support

Oil futures prices eased Tuesday, with global benchmark Brent leading the modest losses, as the state of the global economy and related demand for energy products keeps this market on the defensive......»»

Category: topSource: marketwatchJun 18th, 2019