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Oil rises over 1% on hopes demand will rebound from coronavirus effect

Oil prices rose over 1% on Friday, posting their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown......»»

Category: topSource: reutersFeb 14th, 2020

Oil rises nearly 1% on hopes demand will rebound from coronavirus effect

Oil prices rose on Friday, on track for their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown......»»

Category: topSource: reutersFeb 14th, 2020

Oil rises 1% on hopes demand will rebound from coronavirus effect

Oil prices rose on Friday, on track for their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown......»»

Category: topSource: reutersFeb 14th, 2020

Oil rises over 3% as demand worries ease amid fewer new coronavirus cases

Oil prices rose over 3% on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand in the world's second-largest oil consumer may begin to recover......»»

Category: topSource: reutersFeb 12th, 2020

Oil rises 3% as demand worries ease amid fewer new coronavirus cases

Oil prices rose 3% on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand in the world's second-largest oil consumer may begin to recover......»»

Category: topSource: reutersFeb 12th, 2020

Oil rises 3% as fall in new coronavirus cases in China eases fuel demand concerns

Oil prices rose 3% on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand in the world's second-largest oil consumer may begin to recover......»»

Category: topSource: reutersFeb 12th, 2020

Oil rises 2% as fall in new China coronavirus cases eases fuel demand concerns

Oil prices extended gains on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand in the world's second-largest oil consumer may begin to recover from the epidemic......»»

Category: topSource: reutersFeb 12th, 2020

Stocks surge to record highs on hopes virus is peaking, gold ebbs

Key U.S. and European stock indexes surged to fresh records on Tuesday after China's senior medical adviser suggested the deadly coronavirus may be over in April, a rosy outlook that helped crude prices to rebound on renewed Chinese demand......»»

Category: topSource: reutersFeb 11th, 2020

Oil rises a second day in "relief rally" over China coronavirus

Oil futures rose for a second day on Thursday amid investor optimism over unconfirmed reports of possible advances in combating the coronavirus outbreak in China which could cause fuel demand to rebound in the world's biggest oil importer......»»

Category: topSource: reutersFeb 6th, 2020

Oil rises, extending gains amid optimism over China coronavirus

Oil futures rose for a second day on Thursday amid investor optimism over unconfirmed reports of possible advances in combating the coronavirus outbreak in China as a sign fuel demand may rebound in the world's biggest oil importer......»»

Category: topSource: reutersFeb 5th, 2020

Oil prices rebound on hopes for OPEC+ supply cuts

Oil prices clawed back ground on Tuesday amid hopes for new output curbs from OPEC and its allies to offset any potential drop in demand triggered by the coronavirus outbreak......»»

Category: topSource: reutersFeb 4th, 2020

Oil prices rebound, fueled by hopes for OPEC+ supply cuts

Oil prices clawed back ground on Tuesday, rising 1% after the previous session's slump, amid hopes for new production curbs by OPEC and its allies to offset any drop in future fuel demand that might be triggered by China's coronavirus outbreak......»»

Category: topSource: reutersFeb 4th, 2020

Oil Bear Market Sends Tanker Rates Plunging, Hopes For Global Rebound Fade

Oil Bear Market Sends Tanker Rates Plunging, Hopes For Global Rebound Fade The coronavirus outbreak has sent Chinese oil demand, energy prices, and tanker freight rates plunging in the last three weeks. With more.....»»

Category: blogSource: zerohedgeFeb 3rd, 2020

Drug developer Gilead rises on hopes it has the coronavirus cure

The jump comes amid a market slump on Monday. Gilead was one of two companies in the 100-stock Nasdaq Composite to post a gain as of mid-day Monday......»»

Category: topSource: moneycentral22 hr. 18 min. ago

Oil sinks 4% on demand concerns as coronavirus spreads

Oil prices slumped by nearly 4% on Monday as the rapid spread of the coronavirus in countries outside China added to investor concerns over the effect on demand for crude......»»

Category: topSource: reuters22 hr. 18 min. ago

Oil prices tumble as coronavirus raises demand worries

Oil prices slumped by 5% Monday as the rapid spread of the coronavirus in countries outside China added to investor concerns over the effect on demand for crude......»»

Category: topSource: moneycentralFeb 24th, 2020

Oil slumps 5% on demand concerns as coronavirus spreads

Oil prices slumped by 5% on Monday as the rapid spread of the coronavirus in countries outside China added to investor concerns over the effect on demand for crude......»»

Category: topSource: reutersFeb 24th, 2020

Oil rises on supply woes; demand concerns from coronavirus ease

Oil prices rose on Thursday, extending gains from its previous session, as the market shifted focus to supply disruptions, while demand concerns eased some after a sharp drop in new coronavirus cases at the epicenter of the outbreak......»»

Category: topSource: reutersFeb 20th, 2020

Oil rises on supply worries, while virus-led demand concerns ease

Oil prices rose nearly 1% on Thursday, extending big gains from a day earlier, as the market worried about crude supply disruptions and demand concerns were cushioned after a sharp drop in new coronavirus cases at the epicenter of the outbreak......»»

Category: topSource: reutersFeb 19th, 2020

Oil prices fall as market weighs coronavirus demand impact

Oil prices fell on Tuesday, tracking losses in financial markets on lingering concerns over the economic impact of the coronavirus outbreak in China and its effect on oil demand......»»

Category: topSource: reutersFeb 18th, 2020

Oil prices slip as coronavirus concerns linger

Oil prices slipped on Tuesday on lingering concerns over the economic impact of the coronavirus outbreak in China and its effect on oil demand, tracking losses in financial markets......»»

Category: topSource: reutersFeb 17th, 2020