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.
Fri, Nov 08, 2019
Watch this segment to know about action in the commodities market. Watch the full video to know more.
Crude oil futures fell on Friday amid lingering uncertainty on whether, and when, the United States and China will agree a long-awaited deal to end their bitter trade dispute, the gloom compounded by rising crude inventories in the United States.
Thu, Nov 07, 2019
Watch this segment to know about action in the commodities market.
Wed, Nov 06, 2019
Tue, Nov 05, 2019
Oil prices slipped on Tuesday amid doubts over whether OPEC and other countries will continue to restrain output, edging lower after two days of gains on U.S. economic data and hopes for a Washington-Beijing trade deal.
Mon, Nov 04, 2019
Oil prices eased on Monday as traders remained cautious ahead of fresh European and U.S. economic data, despite hopes for some resolution to the U.S.-China trade row that has hurt global economic growth and crimped energy demand.
Fri, Nov 01, 2019
Thu, Oct 31, 2019
Wed, Oct 30, 2019
Tue, Oct 29, 2019
Thu, Oct 24, 2019
Wed, Oct 23, 2019
Tue, Oct 22, 2019
Fri, Oct 18, 2019
Thu, Oct 17, 2019
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