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Page 7

Category: Commodities

OPEC sees oil outlook for first half of 2021 full of downside risks
Commodities Economics Latest News

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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Oil edges higher after Brexit deal, gains capped by pandemic
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Oil edges higher after Brexit deal, gains capped by pandemic

CALGARY, Alberta/LONDON (Reuters) -Oil prices inched higher on Thursday, helped by late-day buying in a low-volume session to close out the week. The market built gains overnight as Britain and…

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Oil up 27% in Best Month Since May
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Oil up 27% in Best Month Since May

Investing.com – Oil prices jumped 27% or more for November, their biggest leap since the disaster of spring 2020 when crude prices tumbled into negative territory for the first time…

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Oil falls amid rising COVID-19 cases, U.S. election uncertainty
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Oil falls amid rising COVID-19 cases, U.S. election uncertainty

TOKYO (Reuters) – Oil fell more than 1% on Friday as new lockdowns in Europe to halt surging COVID-19 infections sparked concern about the outlook for demand, while markets remained…

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