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Oil Price - Oil prices off 7-week lows but under pressure as reserves release eyed Oil prices off 7-week lows but under pressure as reserves release eyed
Oil prices came off seven-week lows on Monday but remained under pressure after Japan said it was weighing releasing oil reserves and as the COVID-19 situation in Europe worsened, raising concerns ...
Lombard Odier chief economist: Fall in oil a normalization of price
Samy Chaar, chief economist at Lombard Odier, said that the fall in the oil price amid renewed Covid-19 restrictions in Europe represents a "normalization." ...
Oil Price Fundamental Daily Forecast – Rebound Could Be Limted by Worries Over Weak Demand, Oversupply
Today’s early price action suggests investors are actively pricing in SPR releases while searching for a value area to re-enter on the long side.
Ringgit lower amid stronger dollar, oil prices under pressure
Japan was reported exploring ways to release its oil reserves to tackle escalating prices and as the Covid-19 situation in Europe worsened. In addition, investors are closely monitoring Federal Open ...
Oil price surge can’t break Woodside, BHP handshake deal
BHP Group and Woodside Petroleum have showed nerves of steel to stick with all the important details in their $40 billion petroleum tie-up.