Oil prices fall as alarm over Iran rocket strike fades
Oil futures fell on Wednesday from peaks hit in frenzied early trading after a rocket attack by Iran on American forces in Iraq raised the spectre of a spiralling Middle East conflict and disruption to crude flows.
Oil at highest since September on trade hopes, U.S. crude supplies
Oil prices were at the highest in more than three months on Thursday, buoyed by hopes of an end to the China-U.S. trade fight and by a report showing lower U.S. crude inventories.
Oil prices drop as fears over trade war, weaker demand return to haunt market
Oil prices slipped on Tuesday for a second straight session as the cons of a slowing global demand outlook outweighed the pros of OPEC’s agreement with associated producers at the end of last week to deepen crude output cuts in early 2020.
Oil holds near two-month high on OPEC+ extension expectations
Oil prices held near two-month highs on Friday and were set for a third consecutive week of gains, boosted by expectations of an extension to OPEC+ production cuts although doubts over U.S. and China trade talks capped gains.
‘Oil prices may drop further on potential glut’
Global oil supply could continue to rise at a rapid pace in 2020, surpassing the increase in demand.
Oil prices fall as global demand concerns grow
Oil prices fell on Monday on concerns about slackening global demand that outweighed bullish signals from Europe, where fears of an economically damaging no-deal Brexit have eased.
Oil prices extend losses into second session on weak China data
Oil prices fell on Tuesday after heavy losses in the previous session, as two days of weak Chinese data added to worries about the top crude oil importer’s energy demand growth.
Oil prices slip for second day on global growth worries
Oil prices fell for a second day on Tuesday on signs that global economic growth is being hit by the U.S.-China trade war, although losses were limited by tensions in the Middle East after last week’s tanker attacks.
Oil prices jump on U.S-China trade hopes, supply cuts
Oil prices rose by more than 1.5 per cent on Monday on hopes that talks in Beijing can resolve a trade war between the United States and China, while supply cuts by major producers also supported crude.