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Oil prices fall as demand shrinks but limited by stimulus

Oil prices fell on Thursday following three days of gains, with the prospect of rapidly dwindling demand due to coronavirus travel bans and lockdowns offsetting hopes a U.S. $2 trillion emergency stimulus will shore up economic activity......»»

Category: topSource: reutersMar 26th, 2020

Oil prices slip as demand shrinks, but stimulus supports

Oil prices slipped on Thursday following three days of gains, with the prospect of rapidly dwindling demand due to coronavirus travel bans and lockdowns offsetting hopes a U.S. $2 trillion emergency stimulus will shore up economic activity......»»

Category: topSource: reutersMar 26th, 2020

Oil prices mixed as demand shrinks, but stimulus hopes support

Oil prices were mixed on Thursday following three days of gains, with the prospect of rapidly dwindling demand due to coronavirus travel bans and lockdowns offsetting hopes a U.S. $2 trillion emergency stimulus will shore up economic activity......»»

Category: topSource: reutersMar 25th, 2020

Oil prices fall as demand woes eclipse U.S. stimulus

Oil prices slipped into negative territory on Wednesday as faltering fuel demand from the spread of the coronavirus outweighed a massive pending U.S. economic stimulus package......»»

Category: topSource: reutersMar 25th, 2020

Oil up over 4% as hopes of OPEC cut, stimulus counter virus gloom

Oil prices rose over 4% on Monday, reversing an early fall to multi-year lows as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak......»»

Category: topSource: reutersMar 2nd, 2020

Oil up over 5% as hopes of OPEC cut, stimulus counter virus gloom

Oil prices rose over 5% on Monday, reversing an early fall to multi-year lows as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak......»»

Category: topSource: reutersMar 2nd, 2020

Oil up as hopes of OPEC cut, stimulus counter virus gloom

Oil prices rose on Monday, reversing an earlier fall to multi-year lows as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak......»»

Category: topSource: reutersMar 2nd, 2020

Not Long Ago, Gas Prices Were $1. They Could Get There Again.

Experts say that unprecedented oil supply married with a fall-off in demand because of a contracting global economy will take prices much lower. That, in turn, would press gasoline prices toward $1........»»

Category: blogSource: 247wallstApr 4th, 2020

Commodities Corner: Corn prices fall back to 2016 levels as COVID-19 lockdowns cut ethanol demand

Corn prices could drop to their lowest levels in more than a decade as coronavirus-related weakness in demand for gasoline pushes the cost of ethanol toward record lows......»»

Category: topSource: marketwatchApr 3rd, 2020

Oil prices fall, but end off session lows

Oil futures fell on Wednesday on the heels a 10th straight weekly rise in U.S. crude supplies and ongoing worries about a drop in energy demand. Prices, however, pared much of their earlier losses amid.....»»

Category: topSource: marketwatchApr 1st, 2020

Oil Market Continues To Leak, Analyst Says It Needs Rebalancing

Oil prices continued to fall on Monday, reaching an 18-year low as Saudi Arabia and Russia failed to agree on the scale of production and the coronavirus pandemic continued to depress demand.  read more.....»»

Category: blogSource: benzingaMar 30th, 2020

Oil prices fall to 17-year low as Saudi Arabia-Russia standoff continues, coronavirus hits demand

Oil prices fell to the lowest in more than 17 years as demand plunged as a result of the pandemic, and an unrelenting price war between Saudi Arabia and Russia showed no signs of easing......»»

Category: topSource: moneycentralMar 30th, 2020

Oil plunges posting fifth straight weekly loss despite stimulus efforts

Oil prices plunged 5% on Friday and posted a fifth straight weekly loss as demand destruction caused by the coronavirus outweighed stimulus efforts by policymakers around the world......»»

Category: topSource: reutersMar 27th, 2020

Oil plunges more than 5% despite stimulus efforts

Oil prices plunged more than 5% on Friday and were on track for a fifth straight weekly loss as demand destruction caused by the coronavirus outweighed stimulus efforts by policymakers around the world......»»

Category: topSource: reutersMar 27th, 2020

Futures Movers: Oil prices fall as plunge in global demand sets prices up for a 5th straight weekly drop

Oil futures trade lower Friday,with a huge drop in demand as result of the global COVID-19 pandemic setting prices up for their fifth weekly loss in a row......»»

Category: topSource: marketwatchMar 27th, 2020

Oil falls as demands fears outweigh stimulus efforts

Oil prices fell on Friday as demand destruction caused by the coronavirus outweighed stimulus efforts by policymakers around the world and the United States faced the prospect of becoming the next global epicenter of the pandemic......»»

Category: topSource: reutersMar 27th, 2020

Oil mixed on stimulus hopes and demands fears

Oil prices were mixed on Friday as the market weighed the potential benefits of stimulus efforts by policymakers around the world against the demand destruction caused by fallout from the rapid spread of the coronavirus......»»

Category: topSource: reutersMar 27th, 2020

Oil rises as broader markets gain on hopes for more stimulus

Oil prices rose on Friday after world leaders promised a massive injection of funds to limit the economic fallout from the coronavirus pandemic, despite fears the outbreak will destroy demand for oil......»»

Category: topSource: reutersMar 27th, 2020

Oil prices sink as crippled demand outweighs stimulus hopes

Oil prices fell on Thursday after three sessions of gains as restrictions on travel worldwide crimped fuel demand, with U.S. crude futures plunging about 4% after the United States scrapped plans to buy domestic oil for its emergency reserve......»»

Category: topSource: reutersMar 26th, 2020

Oil prices sink as crippled demand outweighs stimulus hopes

The U.S. Department of Energy scrapped a plan to purchase domestic crude oil for its Strategic Petroleum Reserve after funding was not included in the broader stimulus package......»»

Category: topSource: foxnewsMar 26th, 2020

Futures Movers: U.S. oil prices under pressure as U.S. stimulus package fails to dispel fears of demand crunch

Oil futures trade on a mixed note Thursday, with global crude prices edging higher, but U.S. oil prices down as traders remain focused on the hit to demand from the global COVID-19 pandemic......»»

Category: topSource: marketwatchMar 26th, 2020