Oil Price Dictated by Coronavirus-related EventsCommodities

Oil Price Dictated by Coronavirus-related Events

Oil price ascends from last week’s losses after opening the week with gains in Asia.   The market’s attention reverts…

Oil Price Takes Breaks over Pandemic WorriesCommodities

Oil Price Takes Breaks over Pandemic Worries

Oil price grabs the breaks from hikes as a worldwide hike in coronavirus cases dampen demand outlook. The black gold…

Oil Goes Down on the U.S.-China Phase One DealCommodities

Oil Goes Down on the U.S.-China Phase One Deal

On Wednesday, oil prices dropped based on worries that the pending Phase 1 trade deal between the United States and…

Oil Prices Declines US Inventories BoostedCommodities

Oil Prices Declines US Inventories Boosted

On Wednesday, oil prices slipped. And this happened after U.S. industry data showed a sudden build-up in crude inventories. However,…

Oil Prices Trade Higher on OPEC Revised News ReportCommodities

Oil Prices Trade Higher on OPEC Revised News Report

Oil prices edged higher in Asia as OPEC revised its loss forecast for next year. U.S. Crude Oil WTI futures…