Resurgence in COVID-19 cases slows oil demand rebound -IEA…
Oil demand recovery will take a hit from a spike in new coronavirus cases before vaccine roll-outs and stimulus measures ...
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Tag: OIL
Oil steadies as U.S. inventory fall tempers demand woes….
Oil prices steadied after an early jump on Wednesday as industry data showing a bigger-than-expected drop in U.S. crude inventories, ...
Sweden’s Swedbank Robur joins growing investor oil and gas exodus….
Swedbank Robur, one of Scandinavia’s largest asset managers, said it would no longer invest in oil and gas companies, unless ...
Oil hits 11-month high towards $57 as Saudi cut supports….
Oil hit an 11-month high towards $57 a barrel on Tuesday as tighter supply and expectations of a drop in ...
Oil prices touch multi-month highs as OPEC+ expected to cap output….
Oil prices touched multi-month highs on Monday on expectations OPEC and allied producers may cap output at current levels in ...
Russian annual oil output falls for the first time since 2008 on OPEC+ deal, pandemic..
Oil production in Russia declined last year for the first time since 2008 and reached its lowest level since 2011 ...
Oil prices up as dollar and U.S. oil inventories fall
Oil gained ground on Wednesday on the back of a weaker dollar, a decline in U.S. crude oil inventories and ...
Oil rises on hopes U.S. pandemic stimulus will spur fuel demand….
Oil rose on Tuesday for the third time in four sessions on expectations for rising fuel demand, as the United ...
Analysis-U.S. shale oil just had its worst year and the pain could bleed into 2021
U.S. oil and gas shares and drilling activity are edging higher, but a disastrous year for the energy industry means ...
Oil falls $3 as new virus strain prompts demand worries
Oil prices tumbled by $3 on Monday, their biggest daily fall since June, as a fast-spreading new coronavirus strain that ...