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US West Texas Intermediate

Oil down over 1pc
Markets

Oil down over 1pc

NEW YORK: Oil prices fell more than 1% on Monday as fears that Chinese oil crude consumption is slowing and that ...
Published 02 Mar, 2021 05:50am
Oil falls on demand fears, strengthening dollar
Markets

Oil falls on demand fears, strengthening dollar

  • Britain, in lockdown since Jan. 4, on Wednesday clamped down on travel, requiring people arriving from high-risk COVID-19 countries to quarantine for 10 days and barring outbound trips for all but exceptional reasons.
Published 28 Jan, 2021 10:52am
Oil extends gains after surprise Saudi output cut
Markets

Oil extends gains after surprise Saudi output cut

  • Saudi move 'reflects signs of weakening demand' -Goldman Sachs.
  • OPEC output rises in December - Reuters survey.
  • US crude inventories fell 1.7 mln bbl in week to Jan. 1 –API.
  • US EIA inventory data due at 1530 GMT.
Published 06 Jan, 2021 08:35pm