Reuters: Oil prices edge down as wary traders eye upcoming OPEC+ meeting The price falls come after front-month Brent and WTI prices posted their strongest monthly gains in years in May.
09:00, 01 June 2020
Reuters: Oil falls as China omits 2020 growth target amid pandemic Oil prices have risen sharply in recent weeks and are still on track for a fourth weekly gain after the depths plumbed in April when U.S. crude fell below zero.
09:00, 22 May 2020
Reuters: Oil prices climb as U.S. stock drawdown eases supply glut fears Brent crude futures for July delivery LCoc1 were trading up 33 cents, or 0.9%, at $36.08 per barrel at 0344 GMT, rising for a second day.
09:00, 21 May 2020
Reuters: Oil rises on signs of firmer demand, fall in U.S. crude stocks Brent crude futures for July delivery LCoc1 were up 23 cents, or 0.7%, at $34.88 per barrel at 0347 GMT.
09:00, 20 May 2020
Reuters: Oil prices mixed as Brent retreats on profit-taking after rally The market was boosted earlier by signs that output cuts agreed by the Organization of the Petroleum Exporting Countries and others including Russia, a group known as OPEC+, are being implemented on the ground.
09:00, 19 May 2020
Reuters: Oil prices hit one-month highs on output cuts, demand signs Tthere was little indication of WTI repeating the historic plunge below zero seen last month.
09:40, 18 May 2020
Reuters: Oil rises as coronavirus curbs ease, setting stage for demand boost However, crude is still being pumped into storage, raising the prospect that any gains prompted by stronger demand will be capped.
09:00, 08 May 2020
Reuters: Oil steadies as China imports rebound but glut weighs Oil prices were supported by data showing Chinese crude imports rose last month.
09:00, 07 May 2020
Reuters: Oil prices dip as supply concerns resurface on rising U.S. stocks Oil slipped after a report showed U.S. crude inventories rose 8.4 million barrels last week, more than expected.
09:00, 06 May 2020
Reuters: Oil prices rise on demand prospects as lockdowns start to ease The U.S. benchmark is on a five-day win streak that started on April 29.
09:00, 05 May 2020
Reuters: Oil rises again as output cuts kick in, inventories grow less than expected Prices are likely to fall further this year even as countries begin to ease restrictions imposed to counter the viral outbreak and the output cuts by big producers will not fix the supply glut.
10:46, 01 May 2020
Belarus buys first oil from Saudi Arabia – media The move reflects a competition in physical oil markets between Russia and Saudi Arabia.
18:56, 29 April 2020
Reuters: Oil prices rise more than $1 after week of turmoil amid viral outbreak Brent is headed for a 20% loss this week, with U.S. West Texas Intermediate (WTI) set for a fall of more than 3%.
09:00, 24 April 2020
Naftogaz: Ukraine has huge crude oil storage capacities The top manager says oil storage is now the most profitable business.
14:40, 21 April 2020
Bloomberg: Oil plunges below zero for first time in unprecedented wipeout In New York, West Texas Intermediate for May delivery dropped as low as negative $40.32 a barrel.
22:50, 20 April 2020
CNBC: Oil falls 24% in 3rd worst day on record, sinks to more than 18-year low International benchmark Brent crude shed 14.1%, or $4.07, to trade at $24.67, its lowest level since 2003.
21:28, 18 March 2020
U.S. crude hits 17-year low as lockdowns, restrictions spread – media In efforts to support economies, the world's richest nations prepared to unleash trillions of dollars of spending to lessen the fallout from the coronavirus outbreak, as well as imposing social restrictions not seen since World War Two.
16:20, 18 March 2020
Oil slumps below $30 a barrel as coronavirus spreads, OPEC rancor remains elevated – Reuters Many forecasters have adjusted down estimates on demand for crude, as the virus disrupts business activity, travel and daily life.
20:56, 16 March 2020
Reuters: Oil rises 2% but set for biggest weekly thumping since 2008 Just as travel bans, cancelled events and other economic disruptions eat into crude demand, major oil producers are planning to add more crude to an oversupplied market.
09:00, 13 March 2020