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 …
Read More »
Oil finished higher on Monday, with prices staying above $ 40 a barrel as positive test results for a coronavirus vaccine helped offset concerns about energy demand linked to the surge in global cases of COVID-19 above 14.5 million. Risk appetite received a boost “following news that a coronavirus vaccine …
Read More »
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 …
Read More »
Posted: Jul 15, 2020 at 11:16 am ET Goldman Sachs earnings in focus. Getty The shares gained ground Wednesday due to optimism about progress on a COVID-19 vaccine candidate despite mounting cases in the United States, while investors digested earnings reports and monitored tensions between the United States and China. …
Read More »
Offshore oil platforms are seen on April 20, 2020 in Huntington Beach, California. Oil prices were negotiated in negative territory for the first time as the spread of the coronavirus (COVID-19) affects demand. Michael Heiman | fake pictures Oil prices rose on Wednesday after a sharp drop in US crude …
Read More »