Advertisements


We are Sorry, This Page doesn't Exist


Oil markets slump amid coronavirus chaos

Oil prices fell on Monday as governments escalated lockdowns to curb the spread of the global coronavirus outbreak that has slashed the demand outlook for oil and threatened a global economic contraction......»»

Category: topSource: reutersMar 22nd, 2020

Oil falls back as Russia rejects Trump"s intervention in price war

Oil prices fell on Friday after rising 10% in the session as the coronavirus epidemic knocked the outlook for demand and Moscow rejected an intervention by U.S. President Donald Trump in Russia's price war with Saudi Arabia......»»

Category: topSource: reutersMar 20th, 2020

Commodities Corner: Dismal oil demand outlook, Saudi-Russian price war lead to ‘atomic bomb’-like environment for oil

Oil futures trade near their lowest levels in 20 years with the plunge in prices expected to continue, fed by a weak oil demand outlook tied to the spread of COVID-19 and a price war between two of some of the biggest crude producers in the world......»»

Category: topSource: marketwatchMar 18th, 2020

Coronavirus sees US crude oil prices fall to 17-year low

The outlook for fuel demand darkened with travel and social lockdowns.....»»

Category: topSource: foxnewsMar 18th, 2020

US crude prices fall to 17-year low as coronavirus spreads

The outlook for fuel demand darkened with travel and social lockdowns.....»»

Category: topSource: foxnewsMar 18th, 2020

U.S. crude hits 17-year low as lockdowns, restrictions spread

Oil prices fell for a third session on Wednesday with U.S. crude futures tumbling to a 17-year low as travel and social lockdowns sparked by the coronavirus epidemic knocked the outlook for demand......»»

Category: topSource: reutersMar 18th, 2020

U.S. crude prices fall to 17-year low as coronavirus spreads

Oil prices fell for a third session on Wednesday with U.S. crude futures tumbling to a 17-year low as the outlook for fuel demand darkened with travel and social lockdowns triggered by the coronavirus epidemic......»»

Category: topSource: reutersMar 18th, 2020

Oil falls for third day as coronavirus travel bans escalate

Oil prices fell for a third session on Wednesday to be down about 17% so far this week as the outlook for fuel demand darkened amid travel and social lockdowns triggered by the coronavirus epidemic......»»

Category: topSource: reutersMar 18th, 2020

Oil prices set for biggest weekly drop since 2008

Oil prices were set for their biggest weekly slide since the 2008 financial crisis despite a 5% bounce on Friday, as the coronavirus outbreak threatened demand and crude producers promised more supply......»»

Category: topSource: reutersMar 13th, 2020

Coronavirus has OPEC looking to cut production as outbreak hits demand

Energy producers have taken a hit from a 25 percent slide in crude prices since January.....»»

Category: topSource: foxnewsMar 5th, 2020

Oil prices slide for fifth day to lowest in a year as virus fears grow

Oil prices plunged more than 4% on Thursday, down for a fifth day to their lowest since January 2019 as more new coronavirus cases outside China fed fears of a pandemic that could slow the global economy and dent demand for crude......»»

Category: topSource: reutersFeb 27th, 2020

Oil prices slide over 3% on demand concerns as virus spreads

Oil prices tumbled by more than 3% on Monday, as the rapid spread of a coronavirus in several countries outside China left investors concerned about a hit to demand......»»

Category: topSource: reutersFeb 24th, 2020

Oil prices slide on demand concerns as virus spreads globally

Oil prices tumbled more than 2% on Monday, as the rapid spread of a coronavirus in several countries outside China left investors fretting about a hit to demand......»»

Category: topSource: reutersFeb 24th, 2020

Oil prices slide as coronavirus spread beyond China raises demand worries

Oil prices fell on Friday with fears for fuel demand growing as the coronavirus epidemic that originated in China spread further beyond the country, while major crude producers stood pat on taking early action to cut output to support the market......»»

Category: topSource: reutersFeb 20th, 2020

Futures Movers: Oil prices slide as investors fret about OPEC+’s tolerance for deeper supply cuts

Oil futures trade sharply lower Tuesday as concerns about the coronavirus and its impact to demand resurfaces, fueling a broader aversion to assets considered risky on Wall Street......»»

Category: topSource: marketwatchFeb 18th, 2020

Stocks surge to record highs on hopes virus is peaking, gold ebbs

Key U.S. and European stock indexes surged to fresh records on Tuesday after China's senior medical adviser suggested the deadly coronavirus may be over in April, a rosy outlook that helped crude prices to rebound on renewed Chinese demand......»»

Category: topSource: reutersFeb 11th, 2020

Oil prices skid 2%, extending slide as China virus spreads

Oil prices slumped a further 2% to multi-month lows on Monday as the rising number of cases of the new China virus and city lockdowns deepened concerns about demand for crude, even as Saudi Arabia's energy minister sought to calm the market......»»

Category: topSource: reutersJan 26th, 2020

Oil steadies, but concern over spreading China virus weighs

Oil prices were steady on Friday, but on track for a fall of up to 5% for the week on growing concern that fuel demand will weaken as the spread of a respiratory virus from China that has killed 25 so far dents travel and darkens the economic outlook......»»

Category: topSource: reutersJan 23rd, 2020

Oil slump deepens as China virus casts cloud over fuel demand, economy

Oil prices fell to their lowest in seven weeks on Thursday, sliding more than 1% on concern that the spread of a respiratory virus from China may lower fuel demand if it stunts economic growth in an echo of the SARS epidemic nearly 20 years ago......»»

Category: topSource: reutersJan 23rd, 2020

Oil slips on doubts about U.S.-China deal, OPEC outlook

Oil prices slipped on Wednesday on concerns that the Phase 1 trade deal between the United States and China, the world's biggest oil users, may not boost demand as the United States intends to keep tariffs on Chinese goods until a second phase......»»

Category: topSource: reutersJan 15th, 2020