Oil prices drops on demand concerns and increased supply
Oil prices slumped on Friday amid worries that demand would recover slower than expected from COVID-19 pandemic lockdowns, while rising […]
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Oil fell below $ 45 amid rising supply and doubts about demand
Doubts about a recovery in demand due to the coronavirus pandemic, and increased supply are putting pressure. Oil fell below
Oil drops, with the expectation that demand will drop
Crude oil prices fell on Thursday after OPEC announced that it expects fuel demand to decline more than anticipated, but
Oil prices supported by decline in U.S. crude oil stocks
US crude inventories fell more than analysts had expected, according to an industry report. Oil prices soared on Wednesday, with
Oil soars on US stimulus prospect and Chinese factory data
Oil soared on Monday, backed by data showing that Chinese factories are returning to pre-epidemic levels, signs of rising energy
Oil dropped to $ 45 due to demand concerns, weekly gains expected
Oil fell to about $ 45 a barrel on Friday amid concerns that the recovery in demand would slow due
Saudi Arabia, Iraq emphasize full commitment to deal
Iraqi state news agency stressed on Friday its full commitment to their country’s OPEC + agreement, which limits oil production.
China develops smart ships for marine environmental protection
The Chinese Maritime Safety Administration signed an agreement on Wednesday with the Chinese State Shipbuilding Company (CSSC) to collaborate in
Oil reaches highest levels since March in hopes of stimulus package
Brent oil futures have closed at their highest since the beginning of March, as well as the US has made
Rising coronavirus cases suppress demand
Oil prices fell on Tuesday, due to the worries about a new wave of COVID-19 infections worldwide. Brent crude futures