Oil rises to touch $52 after Trump signs aid bill After Trump signs bill, Democrats aim for higher relief payments. Europe launches mass COVID-19 vaccination drive. OPEC+ meets Jan. 4. Published 28 Dec, 2020 05:49pm
Markets Oil holds above $50/barrel on US stocks draw, Brexit deal hopes US crude, gasoline and distillate stocks fall last week-EIA. Investors cheer a potential Brexit trade deal. US drillers add oil and gas rigs for fifth week in row. Published 24 Dec, 2020 05:43pm
Markets Brent oil targets $52.48-$53.13 range A projection analysis on the uptrend from $39.34 reveals a target zone of $53.13-$54.50, which will be confirmed when oil climbs above $52.48. Published 24 Dec, 2020 10:25am
Markets Oil steadies as surprise US stockbuild weighs US crude stocks rose by 2.7 mln bbls last week –API. Trump threatens not to sign long-awaited stimulus bill. Exxon issues force majeure on Nigerian crude stream. New strain of coronavirus also weighs on demand outlook. Published 23 Dec, 2020 06:35pm
Markets Oil drops as new coronavirus strain revives demand fears UK and France working to lift border closure. US Congress approves $892 bln COVID-19 relief package. Russia's Novak says oil output rise should not mean glut. Coming up: API oil inventory report, 2130 GMT. Published 22 Dec, 2020 08:28pm
Markets Oil drops as new coronavirus strain revives demand fears UK and France working to lift border closure. US Congress approves $892 bln COVID-19 relief package. Russia's Novak says oil output rise should not lead to glut Coming. Published 22 Dec, 2020 06:09pm
Markets TSX falls as energy stocks plunge on coronavirus concerns The energy sector plunged 3.7%, as both US crude and Brent crude fell about 4.2%. Oil producer Vermilion Energy Inc fell 6.8%, the most on the TSX, and the second biggest decliner was airlines Air Canada, down 6.8%. Published 21 Dec, 2020 08:11pm
Markets Oil falls $3 as new virus strain prompts demand worries Brent and WTI fell more than 5% earlier in the session. It was the biggest daily fall since June. New virus strain shuts much of UK, overshadows US stimulus. Countries impose travel curbs on UK routes. US rig count rises to highest since May -Baker Hughes. Published 21 Dec, 2020 06:44pm
Markets Oil prices fall amid worries over new coronavirus strain The negative sentiment also overshadowed a weekend deal among US congressional leaders for a $900 billion coronavirus aid package. Published 21 Dec, 2020 09:58am
Markets Asia stocks climb on vaccine, US stimulus optimism Against the euro, the greenback was flat at $1.2147 after two straight days of losses while it was down 0.2% at $1.3434 on sterling. Published 16 Dec, 2020 08:41am
Markets Oil rises on vaccine rollout, concern on Iraq oilfield attack "While the wells were small, it has raised concerns of further disruptions," ANZ Research said in a note. Published 10 Dec, 2020 09:44am
Markets Oil inches higher as vaccine hopes outweigh build in US stockpiles "But the bullish tone is likely to continue amid hopes the pandemic can be brought under control with vaccines next year," he said. Updated 09 Dec, 2020 05:46pm
Markets Shares hit record on vaccine progress, sterling awaits Brexit meeting Against a basket of currencies the dollar sat at 90.923, which is about half a percent above a two-and-a-half-year low it hit on Friday as short sellers piled in. Published 09 Dec, 2020 09:37am