New strains of coronavirus found in the UK led to a drop in oil prices on Monday and new travel bans were lifted across Europe, raising concerns that more lockdowns could occur globally. International benchmark Brent crude fell 2.6% to .9 50.91 a barrel. Major U.S. Crude gauge futures linked …
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Oil futures rose sharply on Tuesday, setting prices for their biggest settlement since early March, as markets become more positive about the world’s ability to tackle the COVID-19 pandemic that has crushed oil demand. and its by-products. A landmark stimulus package forged by the 27-nation European Union after marathon negotiations …
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Text size Frederic J. Brown / AFP via Getty Images After a few shaky days, oil prices rose on Wednesday after a surprising result at an OPEC meeting and better-than-expected government data from the US. Brent crude, the global benchmark, set 2.1% higher at $ 43.79 on Tuesday, while West …
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Text size Joe Klamar / AFP via Getty Images OPEC + and its allies may be ready to start pumping more crude, and that prospect is sending shivers through the oil markets. Oil prices fell on Monday. Brent crude futures, the global benchmark, fell 1% to $ 42.80 a barrel …
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Text size Joe Raedle / Getty Images Crude oil futures are making new gains above $ 40 a barrel, a notable change for a product that briefly traded below $ 0 in April. On Tuesday, futures for Brent crude, the global benchmark, rose 1.2% to $ 43.58 a barrel. West …
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