Oil prices surged as strong European manufacturing data assisted in offsetting demand worries as a second COVID-19 wave spread across the entire continent. In New York, the crude futures traded ...
China has played an integral role in the support of global oil demand recovery in recent months. The country imported its highest-on-record crude volumes since May. Data obtained from customs ...
Global shares surged on October 16 as the dollar turned defensive after Pfizer Inc said that it might apply for a US emergency use of its coronavirus vaccine in November. ...
On August 21, Brent crude oil prices surged after OPEC+ reassured the global market that it plans to strictly cut its cumulative oil production. It plans to cut production by ...
On August 12, 2020, oil prices surged after an industry report indicated that the US crude inventories in the past week plunged by over the amount that the analysts had ...
Royal Dutch Shell was hit by huge changes in fortune as the COVID-19 crisis forced a write-down in asset values. The energy giant reported deep financial losses after that record ...
The prediction of United States crude inventory fall signals increases in American oil consumption. On July 29, the oil prices gained as an estimated US crude oil inventory decline continues ...
Importers of crude oil have now benefitted from a weak US dollar that hit its lowest since September 2018. This weakening of the dollar offset low demand experienced from the ...
Global oil storage was at a premium when the bottom fell out of international crude oil markets earlier in 2020. In the US, getting enough crude oil storage became a ...
On June 26, oil prices surged as traders showed some reserved positivity in the day’s Asian session. Even though the oil prices experienced some modest gains, the contracts retreated slightly ...
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