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Brent Oil - Crude oil futures up on spot demand, global cues
Crude oil for March delivery was up by Rs 17, or 0.44 per cent, to Rs 3,893 per barrel with an open interest of 449 lots. Globally, West Texas Intermediate was trading higher by 0.73 per cent at USD ...
Oil near one-month high on supply threats, easing demand woes
LONDON (Reuters) - Brent oil prices held near one-month highs on Thursday supported by China’s efforts to boost its economy, a drop in new coronavirus cases at the epicentre of the outbreak and supply ...
Crude oil price declines provide attractive long-term value
Crude oil has been on the rise this week, with both Brent and WTI surging higher after a period of declines in the wake of the coronavirus crisis. The reasoning is clear, with Chinese demand likely to ...
Oil Shrugs Off Virus to Eye $60
Supply concerns from Russia to Libya have also given oil a boost, spurring optimism that a decline in global crude flows may go some way in offsetting the demand destruction from the virus. While ...
Oil prices gain on supply threats; demand concerns from coronavirus ease
Oil prices climbed on Thursday, extending gains from the previous session, as the market shifted focus to supply disruptions, while demand concerns eased following a drop in new coronavirus cases at ...