Day: June 4, 2020

Brent oil rises on weaker dollar though IEA cuts demand outlook
Commodities

Oil prices fall on concerns supply to rise as producers wrangle on cuts

By Administrator_India Capital Sands Oil prices fell on Thursday, reversing gains in the previous session, on concerns that supply will rise if major producers are unable to agree to extend the depth of output cuts that have supported recent gains. Brent crude futures fell 1%, or 41 cents, to $39.38 a barrel as of 0157 […]

Related Posts
Oil prices fall amid worries over new coronavirus strain
Brent oil rises on weaker dollar though IEA cuts demand outlook

BY Administrator_India Capital Sands Oil prices slid in early trade on Monday as a fast-spreading new coronavirus strain in the Read more

Oil rally boosted by surprise fall in U.S. stocks
Oil rally boosted by surprise fall in U.S. stocks

By Administrator_India Capital Sands Oil rose for a fifth day on Thursday after a surprise fall in U.S. crude inventories gave further Read more

OPEC+ oil output boost to leave market in precarious balance, IEA says
Brent oil rises on weaker dollar though IEA cuts demand outlook

By Administrator_ India Capital Sands The outlook for oil “remains fragile” as the pandemic depresses demand, and OPEC’s plans to increase supply Read more

Oil Up, Finishes August Strong Despite Oversupply Fears
Oil rally boosted by surprise fall in U.S. stocks

By Administrator_India Capital Sands Brent oil futures rose 0.61% to $46.09 by 12:17 AM ET (5:17 AM GMT) and WTI futures were up Read more

Read More