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  • Oil falls as growing coronavirus cases stoke fuel demand worries Jul 03, 2020 07:05 AM IST

    Oil falls as growing coronavirus cases stoke fuel demand worries

    Brent crude futures were down 37 cents, or 0.9%, at $42.77 a barrel as of 0042 GMT, and U.S. West Texas Intermediate (WTI) crude futures fell 34 cents, or 0.8%, to $40.31 a barrel.

  • Oil prices dip on demand worries as California reimposes restrictions Jul 02, 2020 07:05 AM IST

    Oil prices dip on demand worries as California reimposes restrictions

    U.S. West Texas Intermediate (WTI) crude futures fell 13 cents, or 0.3%, to $39.69 a barrel at 0024 GMT, trimming a 1.4% rise from Wednesday.

  • Oil rises after sharp drop in US crude inventories Jul 01, 2020 07:15 AM IST

    Oil rises after sharp drop in US crude inventories

    Brent crude rose 33 cents, or 0.8%, to $41.60 a barrel by 0044 GMT after declining more than 1% on Tuesday. U.S. crude was up 42 cents, or 1.1%, at $39.69 a barrel, having dropped by 1.1% in the previous session.

  • Oil prices drop on prospect of returning Libyan supplies Jun 30, 2020 11:58 AM IST

    Oil prices drop on prospect of returning Libyan supplies

    The more-active Brent crude futures for September fell 24 cents, or 0.6%, to $41.61 a barrel by 0610 GMT, paring Monday's 92 cent gain. The August contract, which expires on Tuesday, fell 24 cents to $41.47.

  • Oil falls in second straight session as virus cools demand Jun 29, 2020 07:17 AM IST

    Oil falls in second straight session as virus cools demand

    Brent crude dropped 66 cents, or 1.6%, to $40.36 a barrel by 1150 GMT while U.S. crude was at $37.86, down 63 cents, or 1.6%.

  • Oil prices creep up on demand recovery, tempered by virus outbreaks Jun 26, 2020 07:44 AM IST

    Oil prices creep up on demand recovery, tempered by virus outbreaks

    U.S. West Texas Intermediate (WTI) crude futures gained 42 cents, or 1.1%, to $39.14 at 0150 GMT but were on track for a slight drop for the week.

  • Oil dives over 5% as US crude stocks hit record, COVID cases mount Jun 25, 2020 07:40 AM IST

    Oil dives over 5% as US crude stocks hit record, COVID cases mount

    The United States had its second-largest rise in infections since the pandemic began. Mounting infections there as well as in China, Latin America and India have unnerved investors and pressured oil prices.

  • Oil prices slides as US crude stockpile growth heightens oversupply fears Jun 24, 2020 09:32 AM IST

    Oil prices slides as US crude stockpile growth heightens oversupply fears

    Brent crude was down 29 cents, or 0.7%, at $42.34 a barrel by 0335 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 35 cents, or 0.9%, to $40.02 a barrel.

  • Oil edges up on tighter supply, but demand concerns check gains Jun 22, 2020 07:25 AM IST

    Oil edges up on tighter supply, but demand concerns check gains

    Brent crude rose 9 cents, or 0.2%, to $42.28 a barrel by 0009 GMT, while U.S. crude was at $39.76 a barrel, up 1 cent.

  • Oil prices inch up on faith in supply cuts, demand recovery Jun 19, 2020 07:21 AM IST

    Oil prices inch up on faith in supply cuts, demand recovery

    U.S. West Texas Intermediate (WTI) crude futures climbed 14 cents, or 0.4%, to $38.98 a barrel at 0101 GMT, while Brent crude futures crawled up 7 cents, or 0.2%, to $41.58 a barrel. Both contracts rose around 2% on Thursday.

  • Oil slumps as US crude stocks build amid virus resurgence fears Jun 17, 2020 10:05 AM IST

    Oil slumps as US crude stocks build amid virus resurgence fears

    Brent crude futures were down 89 cents, or 2.2%, at $40.07 a barrel as of 0348 GMT, and U.S. West Texas Intermediate (WTI) futures fell $1.13, or 2.9%, to $37.25 a barrel.

  • Oil falls on rise in US crude stocks, virus resurgence fears Jun 17, 2020 07:24 AM IST

    Oil falls on rise in US crude stocks, virus resurgence fears

    Brent crude futures were down 40 cents, or 1.0%, at $40.56 a barrel as of 0047 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 59 cents, or 1.5%, to $37.79 a barrel.

  • Oil prices ease as coronavirus infections rise Jun 16, 2020 07:22 AM IST

    Oil prices ease as coronavirus infections rise

    Brent crude was down 14 cents, or 0.4%, at $39.58 a barrel at 0027 GMT, having gained 2.6% on Monday. U.S. oil fell 24 cents, or 0.7%, to $36.88 a barrel, after closing 2.4% higher in the previous session.

  • Saudi Aramco cuts July crude supplies to at least 4 buyers in Asia: Sources Jun 15, 2020 10:25 AM IST

    Saudi Aramco cuts July crude supplies to at least 4 buyers in Asia: Sources

    The cuts were mainly for medium and heavy grades, the sources with knowledge of the matter said. Three of the sources said that their July cuts was smaller than what they had received in June.

  • Oil drops as new coronavirus outbreaks raise fuel demand concerns Jun 15, 2020 09:12 AM IST

    Oil drops as new coronavirus outbreaks raise fuel demand concerns

    Brent crude futures fell 89 cents, or 2.3%, to $37.84 a barrel by 0302 GMT, while U.S. West Texas Intermediate crude futures were down $1.18, or 3.3%, to $35.08 a barrel.

  • Oil extends slump as prospect of second viral wave in US ends rally Jun 12, 2020 09:48 AM IST

    Oil extends slump as prospect of second viral wave in US ends rally

    West Texas Intermediate was down 65 cents, or nearly 2%, at $35.69 a barrel by 0358 GMT, after slumping more than 8% on Thursday. Brent crude was down 58 cents, or 1.5%, at $37.97 a barrel, having dropped nearly 8% the previous session.

  • Oil prices slide on concerns about patchy demand recovery, record US stocks Jun 11, 2020 07:00 AM IST

    Oil prices slide on concerns about patchy demand recovery, record US stocks

    U.S. West Texas Intermediate (WTI) crude futures erased gains from Wednesday, falling as low as $38.42 a barrel. The benchmark contract was down 2.2%, or 86 cents, at $38.74 at 0031 GMT.

  • Oil drops after US inventory build renews oversupply concerns Jun 10, 2020 07:38 AM IST

    Oil drops after US inventory build renews oversupply concerns

    Brent crude futures fell 57 cents, or 1.4%, at $40.61 a barrel by 0055 GMT after gaining nearly 1% on Tuesday.

  • Oil prices rise as easing of lockdowns spurs fuel demand hopes Jun 09, 2020 10:25 AM IST

    Oil prices rise as easing of lockdowns spurs fuel demand hopes

    Brent crude futures rose 0.3%, or 14 cents, by 0435 GMT to $40.94 a barrel. The benchmark contract had fallen $1.50 on Monday, snapping a seven-day streak of gains.

  • Oil rises as traders await OPEC+ meeting on extending supply cuts Jun 05, 2020 12:40 PM IST

    Oil rises as traders await OPEC+ meeting on extending supply cuts

    Brent crude futures were up 27 cents, or 0.7%, at $40.26 a barrel as of 0620 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 17 cents, or 0.5%, to $37.58 a barrel.

  • Brent oil rises to $40 amid hopes for output cuts, recovery Jun 03, 2020 09:20 AM IST

    Brent oil rises to $40 amid hopes for output cuts, recovery

    Brent crude futures for August rose 43 cents, or 1.1%, at $40 a barrel, by 0252 GMT. The contract climbed to as high as $40.42, the highest since March 6, after gaining 3.3% on Tuesday.

  • Oil prices inch up ahead of OPEC+ meeting on extended output cuts Jun 02, 2020 08:05 AM IST

    Oil prices inch up ahead of OPEC+ meeting on extended output cuts

    Brent has doubled over the past six weeks, thanks to supply cuts by the Organization of the Petroleum Exporting Countries and allies, including Russia, a grouping dubbed OPEC+.

  • Oil prices fall as US fuel demand remains weak May 29, 2020 09:37 AM IST

    Oil prices fall as US fuel demand remains weak

    Brent crude slipped 25 cents, or 0.7%, to $35.04 a barrel by 0334 GMT and U.S. West Texas Intermediate crude was at $33.18 a barrel, down 53 cents, or 1.6%. Still, both contracts are set for a fifth weekly gain, helped by production cuts and optimism about demand recovery in other countries.

  • Oil slips on demand worries, Hong Kong tensions May 27, 2020 07:40 AM IST

    Oil slips on demand worries, Hong Kong tensions

    Brent crude futures fell 21 cents, or 0.6%, to $35.96 by 0120 GMT. U.S. West Texas Intermediate (WTI) crude futures were down 31 cents, or 0.9%, at $34.04 a barrel.

  • Oil climbs as suppliers stick to output cuts, coronavirus lockdowns ease May 26, 2020 07:53 AM IST

    Oil climbs as suppliers stick to output cuts, coronavirus lockdowns ease

    U.S. West Texas Intermediate (WTI) crude futures gained 2.3%, or 75 cents, to $34.00 as of 0057 GMT. There was no WTI settlement on Monday because of the U.S. Memorial Day holiday.

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