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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 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

Wall Street rises on Boeing, economic recovery hopes

A jump in Boeing shares led Wall Street higher on Wednesday, with investors hopeful of a rebound from a coronavirus-led economic slump amid continuing social unrest in the country......»»

Category: topSource: reutersJun 3rd, 2020

Brent oil rises to $40 amid hopes for output cuts, recovery

Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers will extend production cuts and a recovery from the coronavirus pandemic will spur fuel demand......»»

Category: topSource: reutersJun 2nd, 2020

Oil extends rebound as traders bet on US production cuts

Oil prices jumped again on Thursday as the Street hopes for ongoing production cuts in the face of a coronavirus-induced demand loss......»»

Category: topSource: moneycentralApr 23rd, 2020

Oil rises 3% on hopes for output cut as coronavirus ravages demand

Oil prices gained on Tuesday as hopes rose that the world's biggest producers of crude will agree to cut output as the coronavirus pandemic crushes demand, even as analysts warn a global recession may be deeper than expected......»»

Category: topSource: reutersApr 7th, 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 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

Market Snapshot: Dow rises nearly 400 points as stocks rebound from last week’s selloff, amid vaccine hopes, deal-making

U.S. stocks climb Monday amid a flurry of potential corporate mash ups announced over the weekend, including reports that Oracle may be forging a partnership with TikTok, the popular China-owned social media platform......»»

Category: topSource: marketwatchSep 14th, 2020

Oil rises after Saudi Aramco sees Asia demand nearing full rebound

Ints Kalnins/Reuters Crude oil futures rose .....»»

Category: topSource: businessinsiderAug 10th, 2020

China Rebound Helps Cummins Post Q2 Earnings And Sales Beat

Engine maker Cummins Inc (NYSE: CMI) soundly thrashed estimates for its sales and profits in the second quarter, riding a rebound in demand as the Chinese economy bounced back from the coronavirus pandemic. read more.....»»

Category: blogSource: benzingaJul 28th, 2020