Day: August 18, 2020

Commodities

Oil rises on China’s plan to boost US crude imports, OPEC+ compliance

By Administrator_India Capital Sands Oil prices settled higher on Monday, as OPEC+ producers almost fully complied in July with their global production cut accord, and after U.S. officials said China is in compliance with the first phase of the two nations’ trade deal. Brent crude settled up 57 cents, or 1.3%, to $45.87 a barrel, and […]

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

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 Down as Uncertainty Over OPEC Production Cuts Grows
Oil Down as Uncertainty Over OPEC Production Cuts Grows

By Administrator_India Capital Sands Oil was down on Friday, giving up its gains from the previous session over uncertainty as Read more

Oil Retreats Over Waning Confidence in Global Economic Recovery
Brent oil rises on weaker dollar though IEA cuts demand outlook

By Administrator_India Capital Sands Oil was down on Wednesday morning in Asia, giving up some of its gains from the Read more

Read More