Tuesday, February 16, 2021

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Oil prices

Oil prices drop as OPEC+ struggles to reach production agreement

Oil prices fell on Monday as markets reacted to reports that major producers disagree on how much oil to pump in the coming months.

Oil prices fall as rising COVID-19 cases bar fuel demand pickup across globe 

Oil prices slid on Tuesday amid concerns that a nascent recovery in fuel demand could stall as a fresh wave of COVID-19 infections around the world sparks tighter lockdowns.

Oil rises as OPEC weighs deeper output cuts

Oil prices edged higher on Thursday ahead of an OPEC meeting where members are expected to agree on deeper output cuts in an effort to prop up prices and prevent a glut next year.

Oil rises for 5th session as stockpiles fall and market awaits Fed

Oil prices rose for a fifth day on Wednesday, supported by a drop in U.S. inventories and investor expectations that the U.S. Federal Reserve...

Oil prices slip on rising supply, trade tensions

Oil prices slipped on Tuesday, depressed by concerns that the U.S.-China trade dispute will dent economic growth and by signs of rising global supply...

Oil rises as trade war heightens

Oil prices rose on Friday as concerns over the impact of a trade war depressed sentiment, although impending U.S. sanctions on Iran and falling...

Oil prices extend declines

Oil prices on Monday extended declines from the end of last week amid a wider market selloff and a stronger dollar, with Brent crude...

Oil prices rise ahead of OPEC meeting

Oil prices rose on Thursday ahead of an OPEC meeting in Vienna at which producers are expected to extend a supply-cut deal that came...

Oil prices poised to rise above $60

Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further signs of tightening while demand...

Oil prices continue steady surge, barrel sells for $58

Oil prices rose on Friday as investors bet that efforts to cut a global glut are working and that the demand outlook is improving. U.S....

Oil prices rebound, glut persists

Oil markets edged higher on Tuesday on expectations that at least some planned production cuts would be implemented, making a slight recovery from big...

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