fbpx
2.8 C
London
Monday, January 25, 2021

oil

- Advertisement -

Oil prices hurt by new COVID restrictions

Oil prices were lower by more than 2% on Monday. COVID-related restrictions and spiking cases are spiking leading to ongoing investor concerns. Oil prices could remain...

Gold, oil, silver price analysis

Gold prices hovered in a tight range today north of $1,900 per ounce as investors await for news from the U.S. OPEC+ held a meeting...

Oil price advanced after the EIA report showed a sharp drop in crude inventories

The global oil demand will return to pre-pandemic levels in 2022 COVID-19 cases in the US continue to rise while Europe is not faring any...

Crude oil prices recover on robust data from China

China imported 11.8 million barrels per day (BPD) of oil in the last month, 5.5% higher than in August Oil demand is driven primarily by...

Mexican peso under pressure as crude oil price falters

The USD/MXN pair is up slightly today because of the overall stronger US dollar. The Mexican peso has also weakened because of low crude oil...

Oil price advanced as Hurricane Delta shut down production

Crude oil advanced on a weekly basis Hurricane Delta shut down most production in the Gulf of Mexico The global oil demand will return to pre-pandemic...

Weir Group to offload its oil and gas business to Caterpillar Inc.

Weir Group plc to offload its oil and gas business to Caterpillar Inc. The £312.67 million deal will result in a cash tax benefit of...

Is October a good month for buying Oil?

The price of crude oil is again below $40 psychological level Demand for oil has weakened as air travel remains restricted Libya could return up to...

Copper, oil, steel analysis roundup

India join the EU in attempts to slow down the import of aluminium and copper into the country Crude oil prices closed 1.92% lower this...

Oil prices drop on new coronavirus cases and increased supply concerns

Fuel consumption in the U.S. is still weak as the pandemic hinders travel and economic recovery The number of new COVID-10 cases worldwide surged this...
- Advertisement -

Must Read

- Advertisement -