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Crude Oil - Oil Slips Near $40 With Rising Crude Inventories and Dollar
Oil fell in New York after an industry report signaled another increase in U.S. crude stockpiles, while the spread of the coronavirus continued to cloud prospects for an economic recovery.Futures ...
Oil prices mixed as US gasoline stocks shrink, but crude oil stockpiles grow
Oil futures edged lower on Wednesday, extending losses from the previous day, after United States (US) crude stockpiles grew more than expected, adding to worries about oversupply, although a fall in ...
Crude Oil Meets Key Resistance
Crude oil moved above the previous highs and at the moment of writing these words, it’s testing the upper border of the March price gap. And given the fundamental news that are reaching (and likely to ...
Oil prices slide as US crude stockpile growth heightens oversupply fears
Brent crude was down 29 cents, or 0.7 per cent, at $42.34 a barrel by 0335 GMT, while US West Texas Intermediate (WTI) crude futures fell 35 cents, or ...
Low crude oil prices put pressure on Malaysia, Indonesia biodiesel mandates
With demand for crude oil dropping sharply, leading to a steep fall in crude oil prices, the viability of the biodiesel business has also weakened significantly, putting both Malaysia and Indonesia’s ...
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