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  • Oil rises more than 1% after upbeat signals from Donald Trump doctors Oct 05, 2020 07:43 AM IST

    Oil rises more than 1% after upbeat signals from Donald Trump doctors

    Trump's health update eased political uncertainty in global markets, pushing Brent up to $39.79 a barrel by 0140 GMT, gaining 52 cents or 1.3%. U.S. West Texas Intermediate (WTI) crude was at $37.64 a barrel, up 59 cents, or 1.6%.

  • Oil falls further as Donald Trump tests positive for COVID-19 Oct 02, 2020 11:15 AM IST

    Oil falls further as Donald Trump tests positive for COVID-19

    Brent crude slipped on the news and was down 78 cents, or 1.9%, at $40.53 a barrel at 0516 GMT. U.S. oil was 79 cents, or 2%, lower at $37.93.

  • Oil drops for second day as worsening pandemic threatens demand drop Oct 02, 2020 07:53 AM IST

    Oil drops for second day as worsening pandemic threatens demand drop

    Brent crude was down 36 cents, or 0.9%, at $40.57 a barrel at 0055 GMT, after falling more than 3% on Thursday. U.S. oil was also 36 cents, or 0.9%, lower at $38.36, having fallen nearly 4% in the previous session.

  • Oil drops second day as surging coronavirus cases prompt demand worries Sep 30, 2020 07:56 AM IST

    Oil drops second day as surging coronavirus cases prompt demand worries

    Brent crude dropped 23 cents, or 0.6%, to $41.03 per barrel by 0048 GMT. West Texas Intermediate fell 26 cents, or 0.7%, to $39.29.

  • Oil slips as demand worries offset hopes for stimulus Sep 29, 2020 08:29 AM IST

    Oil slips as demand worries offset hopes for stimulus

    U.S. West Texas Intermediate (WTI) crude futures slipped 17 cents, or 0.4%, to $40.43 at 0120 GMT, while Brent crude futures also fell 17 cents, or 0.4%, to $42.26 a barrel. Both benchmarks rose about 1% on Monday.

  • Oil slips as surge in virus cases cloud demand recovery Sep 28, 2020 11:38 AM IST

    Oil slips as surge in virus cases cloud demand recovery

    Brent crude fell 23 cents, or 0.6%, to $41.69 a barrel by 0243 GMT after dropping 2.9% last week. U.S. West Texas Intermediate was at $40.04 a barrel, down 21 cents or 0.5%, following a 2.1% decline last week.

  • Oil steady as market eyes coronavirus hit to demand Sep 25, 2020 07:14 AM IST

    Oil steady as market eyes coronavirus hit to demand

    Brent crude was down 2 cents at $41.92 a barrel by 0113 GMT, while U.S. West Texas Intermediate (WTI) crude was 3 cents firmer at $40.34.

  • Oil falls on fuel demand growth concerns as coronavirus lingers Sep 24, 2020 08:15 AM IST

    Oil falls on fuel demand growth concerns as coronavirus lingers

    Those fears prompted a rally in the dollar as investors turned to safer assets, adding pressure to oil prices. A stronger dollar makes oil, priced in U.S. dollars, less attractive to global buyers.

  • Oil-trading bribery probe widens with new US charges, guilty pleas Sep 24, 2020 08:00 AM IST

    Oil-trading bribery probe widens with new US charges, guilty pleas

    Authorities in the United States and Brazil are investigating improper payments to officials at Petrobras, Brazil's state-run oil company, as part of Brazil's far-reaching corruption probe, known as Car Wash. The latest U.S. court filings shed new light on the role of energy traders in a scheme that has led to charges against hundreds of powerful business leaders and politicians.

  • Oil rises as US storm eases, but demand worries linger Sep 22, 2020 08:20 AM IST

    Oil rises as US storm eases, but demand worries linger

    U.S. West Texas Intermediate (WTI) crude futures for October, due to expire on Tuesday, rose 26 cents, or 0.7%, to $39.57 a barrel at 0224 GMT. The more active November contract rose 15 cents, or 0.4%, to $39.69.

  • Oil prices slip on potential Libyan oil return; Gulf storm supports Sep 21, 2020 07:20 AM IST

    Oil prices slip on potential Libyan oil return; Gulf storm supports

    Brent crude was down 20 cents, or 0.5%, at $42.95 a barrel by 0039 GMT, while U.S. crude fell by 27 cents, or 0.7%, to $40.84 a barrel.

  • Oil eases as US production returns after storm Sep 18, 2020 07:53 AM IST

    Oil eases as US production returns after storm

    Brent crude was down 6 cents at $43.24 a barrel by 0112 GMT, while U.S. oil futures dropped 6 cents to $40.91 a barrel. Both contracts have risen sharply this week as Hurricane Sally cut U.S. production and are on track for a weekly gain of around 9%, the first in three weeks.

  • Oil steady as demand worries revive, crews return to US Gulf rigs Sep 17, 2020 07:55 AM IST

    Oil steady as demand worries revive, crews return to US Gulf rigs

    U.S. West Texas Intermediate (WTI) crude futures were flat at $40.16 a barrel at 0118 GMT, after jumping 4.9% on Wednesday.

  • Oil gains as hurricane shuts US output, stockpiles fall Sep 16, 2020 07:48 AM IST

    Oil gains as hurricane shuts US output, stockpiles fall

    Brent crude was trading up 15 cents, or 0.4%, at $40.68 a barrel by 0055 GMT, while U.S. crude gained 18 cents, or 0.5%, to $38.46 a barrel. Both contracts rose by more than 2% on Tuesday.

  • Oil slips as bleaker demand outlook weighs on sentiment Sep 15, 2020 10:33 AM IST

    Oil slips as bleaker demand outlook weighs on sentiment

    Brent crude was down 5 cents, or 0.1%, at $39.56 a barrel by 0407 GMT, while U.S. West Texas Intermediate (WTI) crude futures were down 3 cents, or 0.1%, at $37.23 a barrel.

  • Oil mixed as storm threatens US gulf production Sep 14, 2020 07:27 AM IST

    Oil mixed as storm threatens US gulf production

    U.S. West Texas Intermediate (WTI) crude futures were up 9 cents, or 0.2%, at $37.42 a barrel by around 0050 GMT. Brent crude was down 3 cents at $39.80 a barrel.

  • Oil prices slip as growing stockpiles signal bumpy fuel demand recovery Sep 10, 2020 07:11 AM IST

    Oil prices slip as growing stockpiles signal bumpy fuel demand recovery

    U.S. West Texas Intermediate (WTI) crude futures fell 20 cents, or 0.5%, to $37.85 a barrel at 0056 GMT, after climbing 3.5% on Wednesday.

  • Oil falls further amid growing alarm over coronavirus second wave Sep 09, 2020 08:58 AM IST

    Oil falls further amid growing alarm over coronavirus second wave

    The biggest global health crisis in a century continues to flare unabated with cases rising in India, Great Britain, Spain and several parts of the United States, where the infection rate has not come under control for months.

  • Oil mixed after dropping on demand concerns post-US holiday Sep 08, 2020 09:00 AM IST

    Oil mixed after dropping on demand concerns post-US holiday

    Coronavirus cases rose in 22 of the 50 U.S. states, a Reuters analysis showed, on the holiday weekend traditionally filled with gatherings to mark the end of summer. At the same time cases are flaring up in India and Britain.

  • Oil drops more than $1 after Saudi price cuts, demand optimism fades Sep 07, 2020 08:04 AM IST

    Oil drops more than $1 after Saudi price cuts, demand optimism fades

    Brent crude was at $41.75 a barrel, down 91 cents or 2.1% by 0000 GMT, after it earlier slid to $41.51, its lowest since July 30.

  • Oil falls 1% on lacklustre demand, set for biggest weekly drop since June Sep 04, 2020 09:52 AM IST

    Oil falls 1% on lacklustre demand, set for biggest weekly drop since June

    Brent crude fell 44 cents to $43.63 a barrel by 0325 GMT, while U.S. West Texas Intermediate was at $40.94 a barrel, down 43 cents and set for its first weekly drop in five weeks.

  • Oil holds steady near multi-week lows on demand worries Sep 03, 2020 06:56 AM IST

    Oil holds steady near multi-week lows on demand worries

    U.S. West Texas Intermediate (WTI) crude futures inched up 3 cents, or 0.1%, to $41.54 a barrel at 0115 GMT, while Brent crude futures slipped 7 cents, or 0.2%, to $44.36 a barrel.

  • Oil prices rise on falling US dollar Sep 01, 2020 10:38 AM IST

    Oil prices rise on falling US dollar

    Brent crude futures climbed 49 cents, or 1.1%, to $45.77 a barrel at 0406 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 37 cents, or 0.9%, to $42.98 a barrel.

  • Oil drifts down as US producers, refiners avoid worst of storm Aug 28, 2020 08:31 AM IST

    Oil drifts down as US producers, refiners avoid worst of storm

    U.S. West Texas Intermediate (WTI) crude futures fell 6 cents, or 0.1%, to $42.98 a barrel as of 0202 GMT, adding to overnight losses.

  • Oil treads water as huge Gulf of Mexico storm shuts output Aug 27, 2020 09:15 AM IST

    Oil treads water as huge Gulf of Mexico storm shuts output

    U.S. West Texas Intermediate (WTI) crude futures fell 4 cents, or 0.1%, to $43.35 a barrel by 0148 GMT, erasing Wednesday's slight rise.

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