WTI crude
A historic oil price collapse, with worries headed into 2021
Tue, Dec 29, 2020
This year was like no other for oil prices. Even as global prices end the year at about $51 a barrel, near the average for 2015-2017, it masks a year of volatility. In April, U.S. crude plunged deep into negative territory and Brent dropped below $20 per barrel, slammed by the COVID-19 pandemic and a price war between oil giants Saudi Arabia and Russia.
More >
U.S. oil drops as pandemic rages while presidential vote counting continues
Fri, Nov 06, 2020
U.S. oil fell nearly 1% on Friday as new lockdowns went into affect in Europe raising questions over the outlook for demand for crude, while ballots were still being counted in the U.S. election with its outcome undecided, keeping markets on edge
More >
US Elections 2020: Oil jumps as inventory falls, market awaits U.S. vote results
Wed, Nov 04, 2020
U.S. oil prices jumped more than 2% on Wednesday after industry data showed crude inventories in the United States dropped sharply and as investors awaited results from the tumultuous presidential election
More >
Oil prices drop for fourth day as COVID-19 second wave worries intensify
Tue, Oct 20, 2020
Oil prices slipped for a fourth straight day on Tuesday on worries about a resurgence of coronavirus cases globally stifling a promising recovery in fuel demand, while growing output from Libya adds to plentiful supply in the market.
More >
Oil holds gains on shrinking U.S. stockpiles
Thu, Oct 15, 2020
Oil prices rose slightly in early trade on Thursday after data showed U.S. crude stockpiles fell last week, adding to 2% gains overnight, as OPEC and its allies were seen fully complying in September with their pact to curb output
More >
Oil prices steady amid return of supply, while COVID-19 lockdowns tighten
Tue, Oct 13, 2020
Oil prices were steady in early trade on Tuesday, sitting on losses of nearly 3% from the previous session after supplies began to resume in Norway and the U.S. Gulf of Mexico and Libya resumed production at its largest oilfield
More >
Oil prices head for 10% weekly jump on North America, Norway outages
Sat, Oct 10, 2020
Oil prices fell on Friday, erasing an earlier rise but still leaving both benchmarks on track for their biggest weekly gains since early June on the back of supply cuts caused by a storm in the Gulf of Mexico and a strike of offshore workers in Norway
More >
Oil prices fall on U.S. stimulus impasse, rising U.S. crude stockpiles
Wed, Oct 07, 2020
Oil prices fell on Wednesday after U.S. President Donald Trump dashed hopes for a fourth stimulus package to boost the coronavirus-hit economy and on a larger-than-expected increase in U.S. crude inventories
More >
Oil rises more than 1% after upbeat signals from Trump doctors
Mon, Oct 05, 2020
Oil prices rose more than 1% on Monday, lifted by comments from doctors for U.S. President Donald Trump suggesting he could be discharged from hospital as soon as Monday, just a few days after his positive test for COVID-19 sparked widespread alarm
More >
