Fri, Mar 20, 2020
"An astonishing rebound in crude oil prices overnight was primarily driven by U.S`s consideration to intervene in the oil market by increasing strategic reserves, while slashing some oil production," said Margaret Yang, market analyst at CMC Markets.
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Thu, Mar 19, 2020
Brent crude was up $2.10, or 8%, at $26.98 a barrel by 0028 GMT after tumbling 13% on Wednesday in a third day of relentless selling. U.S. oil gained $3.44, or 17%, to $23.81 a barrel after slumping nearly 25% in the previous session.
Thu, Mar 12, 2020
"We expect that oil and gas companies will actively manage their liquidity in 2020, reducing capital spending and potentially reducing or suspending distributions to shareholders amid lower operating cash flow and limited access to capital markets," it said.
Tue, Dec 10, 2019
Watch this segment to know about action in the commodities market. Watch the full video to know more.
Mon, Dec 09, 2019
Fri, Dec 06, 2019
Thu, Dec 05, 2019
Watch this segment to know about action in the commodities market.
Wed, Dec 04, 2019
Tue, Dec 03, 2019
Mon, Dec 02, 2019
Fri, Nov 29, 2019
Wed, Nov 27, 2019
Mon, Nov 25, 2019
Fri, Nov 22, 2019
Thu, Nov 21, 2019
Wed, Nov 20, 2019
Fri, Nov 15, 2019
Thu, Nov 14, 2019
Wed, Nov 13, 2019
Brent crude futures edged down 16 cents, or 0.3%, to $61.90 a barrel by 0124 GMT, while U.S. West Texas Intermediate crude was at $56.65, down 15 cents or 0.3%.
Tue, Nov 12, 2019
U.S. oil prices fell for a second day on Tuesday, weighed down by uncertainty over whether U.S.-China trade talks are making much progress, while higher Saudi Arabian crude output reinforced concerns about oversupply.
Mon, Nov 11, 2019
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