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Oil Price - Oil down over low demand fears from surging virus cases

Oil prices dropped on Monday due to investor jitters over the recent increase in coronavirus cases across the European continent and India to further dent energy demand. International benchmark Brent ...

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Oil prices decline; WTI nears $63

Oil prices edged lower on Monday amid a rise in COVID-19 cases in many countries, despite a higher rate of vaccinations. International be ...

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Australia shares end flat as oil prices weigh on energy stocks

Energy stocks slipped 1.4 per cent as oil prices slumped amid a surge in Covid-19 infections in India and other countries. Woodside Petroleum fell nearly 2 per cent while Santos lost 1.3 per cent.

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Oil prices drop on soaring COVID-19 cases

Brent crude was down 23 cents, or 0.3%, at $66.54 a barrel by 04:26 GMT while US oil was down 27 cents, or 0.2%, at $62.96 a barrel.

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India COVID surge drives oil prices down on falling demand fears

Oil prices were lower as rising coronavirus infections in India and other countries prompted concerns that stronger measures to contain the pandemic will hit economic activity, along with demand for ...

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