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Oil prices rebound, fueled by hopes for OPEC+ supply cuts

Oil prices clawed back ground on Tuesday, rising 1% after the previous session's slump, amid hopes for new production curbs by OPEC and its allies to offset any drop in future fuel demand that might be triggered by China's coronavirus outbreak......»»

Category: topSource: reutersFeb 4th, 2020

Oil prices rebound from China virus slump amid ginger recovery across markets

Oil prices rose on Tuesday, matching moves in other financial markets as investors regained calm after Monday's sharp sell-off on fears of the impact of the China coronavirus on demand sent crude to its lowest level in more than a year......»»

Category: topSource: reutersFeb 3rd, 2020

Oil mixed amid virus fears and talk of OPEC cut extension

Oil prices were mixed on Wednesday as worries about the impact of the coronavirus outbreak on demand were offset by talk that OPEC could extend oil output cuts......»»

Category: topSource: reutersJan 29th, 2020

Oil drops below $60 as China virus stokes demand concern

Crude prices extended declines on Monday, dropping below $60 for the first time in nearly three months, as the death toll from China's coronavirus rose and more businesses were forced to shut down, fuelling expectations of slowing oil demand......»»

Category: topSource: reutersJan 27th, 2020

Oil drops below $60 as China virus drives demand concern

Crude prices extended declines on Monday, dropping below $60 for the first time in nearly three months as the death toll from China's coronavirus rose and more businesses were forced to shut down, stoking expectations of slowing oil demand......»»

Category: topSource: foxnewsJan 27th, 2020

Oil drops below $60 as China virus drives demand concern

Crude prices extended declines on Monday, dropping below $60 for the first time in nearly three months as the death toll from China's coronavirus rose and more businesses were forced to shut down, stoking expectations of slowing oil demand......»»

Category: topSource: reutersJan 27th, 2020

Oil extends declines as fears grow over China virus

Crude prices fell more than 2% to multi-month lows on Monday as the rising number of cases of the new coronavirus in China and city lockdowns there deepened concerns over oil demand, even as Saudi Arabia's energy minister sought to calm the market......»»

Category: topSource: reutersJan 26th, 2020

China virus fears spook U.S. shares, oil prices

U.S. shares and crude prices fell sharply on Friday as investors moved into safe-haven assets amid concerns that a spreading virus from China would curb travel and hurt economic demand......»»

Category: topSource: reutersJan 24th, 2020

U.S. shares, oil prices slump as China virus fears spread

U.S. shares and crude prices dropped on Friday and 10-year U.S. treasury yields fell to their lowest point in about three months amid concerns that a spreading virus from China would curb travel and hurt economic demand......»»

Category: topSource: reutersJan 24th, 2020

Oil is on track for its worst week since July amid coronavirus fears

REUTERS/Balazs Koranyi Oil prices fell Friday and are on track for the worst week since July amid fears that China's Wuhan virus will damage global demand. Futures of West Texas Intermediate crude slipped .....»»

Category: topSource: businessinsiderJan 24th, 2020

Oil rises, but potential impact of China virus on fuel demand haunts market

Oil prices climbed on Friday, following a drawdown in U.S. crude stocks, but were set to fall heavily for the week amid worries that a new coronavirus in China that has killed 25 so far may spread, curbing travel, fuel demand and economic prospects......»»

Category: topSource: reutersJan 24th, 2020

Oil falls for third day amid growing concern over China virus

Oil prices fell to their lowest in seven weeks on Thursday on concerns that the spread of a newly identified respiratory virus from China may lower fuel demand at the same time a report showed oil inventories in the United States rose last week......»»

Category: topSource: reutersJan 22nd, 2020

Oil slides 2% as glut forecast, China virus overshadow Libya disruption

Oil prices fell about 2% on Wednesday as a market surplus forecast by the International Energy Agency (IEA) and demand worries amid the outbreak of a virus in China outweighed concern over disruptions to Libya's crude output......»»

Category: topSource: reutersJan 22nd, 2020

Oil steadies as Chinese economy offsets trade optimism

Oil prices steadied on Friday as sluggish economic growth in China, the world's biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal......»»

Category: topSource: reutersJan 17th, 2020

Oil held in check as Chinese economy offsets trade optimism

Oil prices edged higher on Friday but were little changed on the week as sluggish economic growth in China, the world's biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal......»»

Category: topSource: reutersJan 17th, 2020

Oil steady as sluggish China growth offsets trade deal optimism

Oil prices were steady on Friday as reports of sluggish economic growth in China, the world's biggest crude importer, raised concerns about fuel demand which countered optimism from the signing of a Sino-U.S. trade deal this week......»»

Category: topSource: reutersJan 17th, 2020

China posts weakest growth in 29 years as trade war bites, but ends 2019 on better note

China's economic growth cooled to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States, and more stimulus is expected this year as Beijing tries to boost sluggish investment and demand......»»

Category: topSource: reutersJan 17th, 2020

Oil ends week steady as China growth offsets trade deal optimism

Oil prices edged higher on Friday but were set to end the week broadly steady as sluggish economic growth in China, the world's biggest crude importer, raised concerns about fuel demand and countered optimism from the signing of a China-U.S. trade deal......»»

Category: topSource: reutersJan 17th, 2020

Oil declines, but losses limited as U.S.-China near trade deal

Oil prices slipped on Monday, but held near recent three-month highs amid optimism that the United States and China are close to signing a trade deal, with President Donald Trump saying an agreement would be signed "very shortly"......»»

Category: topSource: reutersDec 22nd, 2019

Oil jumps amid hopes for further OPEC cuts, China factory growth

Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand, and hints that OPEC may deepen output cuts at its meeting this week indicated supply may tighten next year......»»

Category: topSource: reutersDec 2nd, 2019