Tag Archives: Raw oil

Asian markets decline as virus and Sino-US tensions erupt

SINGAPORE / WASHINGTON (Reuters) – Asian stock markets fell on Tuesday, oil sank and a security offer supported the dollar as tensions between China and the US and new coronavirus restrictions in California maintained a control over investor optimism as the earnings season begins. FILE PHOTO: An SGX sign is …

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OPEC meeting worries oil investors

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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Oil mixed in tighter supply, increase in US virus cases.

LONDON (Reuters) – Oil prices mixed on Monday, with Brent crude rising, backed by tighter supplies and positive economic data, while US benchmark WTI futures fell on concerns that a Increase in coronavirus cases could curb demand for fuel in the United States. FILE PHOTO: The sun sets behind a …

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