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Oil falls over 2% on weaker demand growth, gain in U.S. crude stocks

Oil prices fell more than 2% on Wednesday, weighed down by a weaker demand outlook and a rise in U.S. crude inventories despite expectations of extended supply cuts led by OPEC. David Pollard reports......»»

Category: videoSource: reutersJun 12th, 2019

Oil, stocks poised to gain in Asia on economic growth hopes

Global stocks and crude prices were set to extend gains in Asia on Wednesday on confidence that government steps to restart economies will bring back growth and demand for oil......»»

Category: topSource: reutersMay 5th, 2020

Oil falls on weaker economic growth forecasts and swelling U.S. crude stocks

Oil prices fell on Tuesday, as investors worried that the unrelenting U.S.-China trade war would keep squeezing the global economy, and that swelling U.S. crude inventories would further pressure prices......»»

Category: topSource: reutersOct 15th, 2019

Futures Movers: Oil prices climb on stimulus hopes, weaker dollar

Oil futures gain ground Tuesday, taking a cue from rallying equity markets and a weaker dollar as traders shake off a cut in the International Energy Agency's forecast for 2021 crude demand......»»

Category: topSource: marketwatchJan 19th, 2021

U.S. stock market falls on plunging retail sales, China-U.S. tensions; oil up

U.S. stocks sank on Friday after data showed a surprisingly sharp dive in retail sales and as investors worried about increased Sino-U.S. trade hostilities, while signs of a pick-up in crude demand boosted oil prices......»»

Category: topSource: reutersMay 15th, 2020

Dow set for second straight loss as plunge in crude oil deepens

U.S. stocks traded sharply lower at the start of Tuesday as a drop in crude values pointed to a lack of demand for commodities and slowing economic growth around the world. The S&P 500 fell 1.9% to around 2,762. The Dow Jones Industrial Aver.....»»

Category: topSource: marketwatchApr 21st, 2020

Oil falls 3% as specter of China virus threatens fuel demand

Oil prices fell 3% on Thursday on concern that the spread of a virus from China could lower fuel demand if it stunts economic growth, but losses were limited by a drawdown in U.S. crude inventories......»»

Category: topSource: reutersJan 23rd, 2020

Oil falls 2% as specter of China virus threatens fuel demand

Oil prices fell more than 2% on Thursday on concern that the spread of a respiratory virus from China could lower fuel demand if it stunts economic growth, but losses were limited by a drawdown in U.S. crude inventories......»»

Category: topSource: reutersJan 23rd, 2020

Stocks climb new peaks on trade deal, oil slips on demand worries

Key world equity indexes climbed to new records on Wednesday on hopes a U.S.-China trade deal will reduce harmful tensions, but oil prices slid on doubts the pact will spur world growth and boost crude demand......»»

Category: topSource: reutersJan 15th, 2020

Stocks hit new peaks on trade deal as oil slips on demand worries

Key world stock market indexes climbed to new records on Wednesday on hopes a U.S.-China trade deal will reduce tensions, but oil prices slid on doubts the pact will spur world growth and boost crude demand......»»

Category: topSource: reutersJan 15th, 2020

Oil slips further below $59 on weaker economic outlook

Oil slipped further below $59 a barrel on Wednesday, pressured by concerns about weaker demand for fuel due to slower economic growth and forecasts of a further rise in U.S. crude inventories......»»

Category: topSource: reutersOct 16th, 2019

Oil falls as China"s economic outlook remains weak

Oil slipped on Monday as China's economic outlook remained weak even as manufacturing data improved, with an ongoing trade war with the United States weighing on demand growth for the world's largest crude importer......»»

Category: topSource: reutersSep 30th, 2019

Oil soars, stocks dip after Saudi supply shock

Oil prices hit four-month highs on Monday after attacks on crude facilities in Saudi Arabia fueled worries over the impact of an oil shock on economic growth, halting a positive run in world stocks and bolstering demand for safe-haven assets......»»

Category: topSource: reutersSep 16th, 2019

Oil falls 3% as trade war concerns hit demand outlook

Global oil benchmark Brent futures fell more than 3% on Monday on global growth concerns after U.S. President Donald Trump last week threatened China with more tariffs, which could limit crude demand from the world's two biggest buyers......»»

Category: topSource: reutersAug 5th, 2019

Oil falls 2% as trade war concerns hit demand outlook

Global oil benchmark Brent futures fell more than 2% on Monday on global growth concerns after U.S. President Donald Trump last week threatened China with more tariffs, which could limit crude demand from the world's two biggest buyers......»»

Category: topSource: reutersAug 5th, 2019

Oil rises on Iran tensions, U.S. inventory decline

Oil rose $1 on Thursday amid Middle East tensions and a big fall in U.S. crude stocks, but prices faced downward pressure from weak manufacturing data in Western nations indicating slowing economic growth that could reduce fuel demand......»»

Category: topSource: reutersJul 25th, 2019

Oil rises on U.S. inventory decline but slowing economy caps gains

Oil prices rose 1% on Thursday amid Middle East tensions and a big fall in U.S. crude stocks, but gains were capped as weak manufacturing data in Western nations indicated slowing economic growth that could reduce fuel demand......»»

Category: topSource: reutersJul 25th, 2019

Oil rises on U.S. stock decline, but manufacturing slowdown caps gains

Oil prices rose on Thursday amid Middle East tensions and a big fall in U.S. crude stocks, but gains were capped as weak Western manufacturing data indicated slowing economic growth and in turn the potential for reduced fuel demand......»»

Category: topSource: reutersJul 25th, 2019

Oil advances on Gulf tensions but demand concerns cap gains

Oil prices edged higher on Thursday amid Middle East tensions and a big fall in weekly U.S. crude stocks, but gains were stemmed by a frail demand outlook amid increasing signs of slowing global economic growth......»»

Category: topSource: reutersJul 25th, 2019

Oil crawls up amid Mideast tensions; weak demand outlook caps gains

Oil prices nudged higher on Thursday amid Middle East tensions and after weekly U.S. crude stocks dropped more than expected, but gains were stemmed by a fragile demand outlook on increasing signs of slowing global economic growth......»»

Category: topSource: reutersJul 25th, 2019

Oil advances as markets eye MidEast worries, but weak demand outlook caps gains

Oil prices edged higher on Thursday amid lingering Middle East tensions and after U.S. crude stocks dropped more than expected, but gains were stemmed by a fragile demand outlook amid more signs of slowing global economic growth......»»

Category: topSource: reutersJul 24th, 2019