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Page 6

Category: Commodities

August is Oil's Worst Month in Ten as Prices Drop 7%
Commodities Economics Latest News

August is Oil's Worst Month in Ten as Prices Drop 7%

Investing.com – Oil ended August on a down note, falling 7% for its worst month in 10, as demand concerns reared their head again after Hurricane Ida forced the closure…

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Oil climbs 4% despite rise in U.S. inventories
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Oil climbs 4% despite rise in U.S. inventories

NEW YORK (Reuters) – Oil prices rose more than 4% Wednesday, extending gains from the previous session as improved risk appetite provided support despite data showing an unexpected rise in…

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Big Oil Set To Return To Profit In 2021
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Big Oil Set To Return To Profit In 2021

Vitol, Shell and Exxon are all expected to announce profits in Q1 2021 following a turbulent 2020. The three companies are profiting from increased oil demand and a rise in…

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OPEC sees oil outlook for first half of 2021 full of downside risks
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OPEC sees oil outlook for first half of 2021 full of downside risks

MOSCOW/LONDON (Reuters) – OPEC sees plenty of downside risks for oil markets in the first half of 2021, its secretary general said on Sunday, a day before meeting allies led…

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