Delta Variant Demand Recovery – Oil Extends Losses
After the International Energy Agency said that the demand for oil and its products has slowed down, Brent oil price fell 0.7% to $ 70.82 a barrel, after falling to 13 cents. According to the
After the International Energy Agency said that the demand for oil and its products has slowed down, Brent oil price fell 0.7% to $ 70.82 a barrel, after falling to 13 cents. According to the
Oil prices dipped on Thursday as the International Energy Agency (IEA) warned that the spread of the coronavirus’s Delta variant would stymie global demand recovery. Brent oil futures were down 26 cents, or 0.36 percent,
Oil prices have stabilized since the United States, a leading oil consumer, called on major producers to increase production as economies ease restrictions on the coronavirus. According to the statistics, Brent crude futures slipped by
In trading, sector changes can happen in minutes. There is no word like ‘’permanent’’ there. Everything is evolving and developing. For example, statistics checked a few minutes ago may no longer be valid. According to
Oil prices rose in tandem with broader equity gains, indicating that investors believe global economic growth will continue even after COVID-19’s resurgence. On Tuesday, in New York, futures rose 2.7 per cent, the most in
On Tuesday, oil prices increased more than 1%. This recouped some of the previous session’s losses when prices hit a three-week low. Gains are likely to be restricted because mounting COVID-19 cases and Chinese curbs
Oil prices plummeted 4% on Monday. It extended the previous week’s sharp losses on the back of a strengthening U.S. currency and concerns about new coronavirus-related restrictions in Asia. Particularly China could hinder a worldwide
On Thursday, commodities prices were mixed. The cost of gold fell while the rest of the non-agricultural goods rose. Base metals held solid due to supply concerns, while crude oil increased due to geopolitical tensions.
Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.
Disclaimer:
TradeMarketNews.com provides information and news solely for reference purposes. The accuracy, relevance, and completeness of any information and news may vary and cannot always be guaranteed. Readers are responsible for their use of such data (as stated in the ToS) and its appropriateness for the user.
Email: [email protected]
Connect with: trademarketnews