Crude oil futures ended sharply lower on Thursday after President Donald Trump imposed travel from Europe to the U.S. in an effort tackle the coronavirus pandemic.
read more... 13/03/2020
Crude oil futures fell on Wednesday as Saudi Arabia and the United Arab Emirates have announced their intention to drastically increase their production of black gold at a time when demand is weakened by the spread of the coronavirus worldwide. Meanwhile, the World Health Organization declared the coronavirus an international pandemic.
read more... 12/03/2020
Crude oil futures rebounded on Tuesday after having hit the worst session since 1991the previous day as ongoing talks between OPEC and Moscow remain possible.
read more... 11/03/2020
Crude oil futures plunged on Friday after the disintegration of the OPEC+ alliance led to an all-out price war between Saudi Arabia and Russia that is likely to have political and economic consequences.
read more... 09/03/2020
Crude oil futures continued to decline on Thursday as worries about global oil demand and slower economic growth caused by the coronavirus outbreak were heightened by concerns that non-OPEC crude producers haven’t yet agreed to further reduce output in order to support prices.
read more... 06/03/2020