Crude oil prices increased on Wednesday, due to a potential extension of crude output cuts by OPEC, which counterbalanced fears about the coronavirus spread.
read more... 30/01/2020
Crude oil prices edged higher on Tuesday, recovering from a five-day streak of losses, following a rally in global equity markets and on news that OPEC might extend its cuts amid fears the coronavirus could hurt oil demand.
read more... 29/01/2020
Crude oil prices soared on Tuesday in thin pre-Christmas trade on Russia’s pledge to honor production cuts promised to OPEC and after U.S. President Donald Trump reiterated the conclusion of the first phase of the U.S.-China trade deal.
read more... 26/12/2019
Oil prices settled slightly higher on Monday, due to thin trading despite a report indicating that a producer group led by the OPEC may consider easing output restrictions.
read more... 24/12/2019
Oil futures ended lower on Friday, but both benchmarks posted a third consecutive weekly gain, mostly bolstered by easing of U.S.-China trade developments, optimistic expectations for the global economy and OPEC+ decision to deepen production cuts.
read more... 23/12/2019