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Daily (24.01.2020): Energy prices in a bearish mood on Thursday on worries about coronavirus, weaker demand and milder weather

Oil prices ended lower on Thursday as the rapid spread of the new coronavirus could dent demand for black gold. Oversupply concerns, despite oil production disruption in Libya, also put pressure on prices.

read more... 24/01/2020

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Daily (23.01.2020): Brent fell over 2% on Wednesday on supply glut concerns, coronavirus spread in China

Crude oil prices fell more than 2% on Wednesday following a supply glut forecast released by IEA. Moreover, the spread of China’s coronavirus increased concerns about demand. Brent crude for March delivery dipped $1.38, or 2.1%, to settle at $63.21 a barrel on ICE London. WTI for February shed $1.64, or 2.8%, to end at $56.74 on NYMEX.

read more... 23/01/2020

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Daily (22.01.2020): Brent crude down 1% on Tuesday as robust global supply reduced fears of Libyan output cuts

Crude oil prices drew back on Tuesday as robust supply worldwide counterweighed reports indicating that Libyan output would decline.

read more... 22/01/2020

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Daily (21.01.2020): Crude oil hits the highest level in a week due to supply disruption in Libya

Crude oil prices climbed to their highest level in more than a week on Monday, due to a halt in the crude production at two large Libyan oilfields after forces loyal to commander Khalifa Haftar closed a pipeline, bringing back the focus on supply risks.

read more... 21/01/2020

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Daily (20.01.2020): NBP spot down 1% on Friday as robust supply offset colder weather forecasts

Crude oil futures posted modest gains on Friday due to a sluggish economy in China, intensifying worries about fuel demand. For the week, prices were slightly down.

read more... 20/01/2020

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