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Oil ticks up as rising crude stocks are offset by products demand

Oil prices rose slightly on Friday as concern over an economic slowdown in China, the world's biggest oil consumer, was countered by bullish signals from both the Chinese and U.S. refining sectors......»»

Category: topSource: reutersOct 18th, 2019

Futures Movers: Oil prices inch tentatively higher as industry wrestles with bankruptcy of fracking pioneer Chesapeake

Oil futures on Monday rise cautiously higher, even as rising cases of COVID-19 top 10 million world-wide, raising some concerns about the spread of the contagion and its impact on global demand for crude......»»

Category: topSource: marketwatchJun 29th, 2020

Futures Movers: Oil prices add to steep slide as coronavirus flare-up stokes fresh demand worries

Oil prices head lower Thursday, as worries about accelerating cases of the coronavirus epidemic in parts of the world took a toll on expectations for demand for crude. Signs of rising U.S. oil inventories also weighed on prices......»»

Category: topSource: marketwatchJun 25th, 2020

London Markets: FTSE 100 trades lower on virus concerns

U.K. stocks traded lower Monday, as signs of new stimulus were not enough to offset global fears of rising coronavirus cases......»»

Category: topSource: marketwatchJun 22nd, 2020

Futures Movers: Oil futures slip as coronavirus cases rise globally on Monday but BofA lifts crude price outlook

Oil futures on Monday head lower amid rising cases of the COVID-19 pandemic, but the improved outlook for long-term global demand has sparked one major investment bank to raise price targets for the commodity for this year and the next two years......»»

Category: topSource: marketwatchJun 22nd, 2020

Oil prices broadly stable after mixed U.S. data

Oil prices were broadly stable on Thursday after dipping in and out of positive territory as bulls took their cue from shrinking U.S. oil product stocks and bears looked at rising crude stocks and new coronavirus cases......»»

Category: topSource: reutersJun 18th, 2020

Stocks waver on rising COVID cases, dollar in safety bidding

Global equity markets closed little changed on Wednesday as a rally on economic and vaccine hopes faded, while fresh coronavirus outbreaks and rising geopolitical tensions in Asia boosted demand for the dollar and safe-haven debt......»»

Category: topSource: reutersJun 17th, 2020

Oil slides on fresh COVID-19 outbreaks, bump in crude stocks

Oil prices settled lower on Wednesday on fuel demand worries due to an uptick in coronavirus cases, with emerging hotspots in China and the United States, and as U.S. crude stocks grew again, taking commercial inventories to another all-time high......»»

Category: topSource: reutersJun 17th, 2020

Oil futures fall, but finish off the day"s low as traders weigh supply and demand data

Oil futures fell Wednesday, pressured as U.S. crude stockpiles edged higher in the latest week, but prices ended off the day's low as domestic product stocks.....»»

Category: topSource: marketwatchJun 17th, 2020

Stocks gain on recovery hopes, dollar on safe-haven bid

A gauge of global equities edged higher on Wednesday, adding to the prior day's rally on economic and vaccine hopes, while fresh coronavirus outbreaks and rising geopolitical tensions in Asia boosted demand for the dollar and safe-haven debt......»»

Category: topSource: reutersJun 17th, 2020

Oil slips as fresh COVID-19 outbreaks face draw in U.S. fuel stocks

Oil prices edged lower on Wednesday as a drawdown in U.S. distillate stockpiles for the first time since March and a sharp drop in U.S. crude production faced concerns over fuel demand due to fresh outbreaks of COVID-19......»»

Category: topSource: reutersJun 17th, 2020

Oil falls as U.S. crude stocks build amid virus resurgence fears

Oil prices declined on Wednesday as data showed an increase in U.S. crude and fuel inventories, raising the prospect of oversupply as a potential second wave of the coronavirus pandemic threatened to halt any recovery in demand......»»

Category: topSource: reutersJun 17th, 2020

Oil slumps as U.S. crude stocks build amid virus resurgence fears

Oil prices fell on Wednesday as data showed an increase in U.S. crude and fuel inventories, raising the prospect of oversupply as a potential second wave of the coronavirus pandemic threatened to halt any recovery of demand......»»

Category: topSource: reutersJun 17th, 2020

Oil prices rise on supply cuts, improving demand

Oil prices rose on Tuesday, with Brent crude rising above $40 a barrel, as the IEA increased its oil demand forecast for 2020 and as record supply cuts supported......»»

Category: topSource: reutersJun 16th, 2020

Stocks rebound on Fed debt program, oil recovers

A gauge of global equities rebounded on Monday after the Federal Reserve widened its program of buying corporate debt, while crude oil rebounded too on signs fuel demand is recovering and as investors grapple with how to assess the economic reopening......»»

Category: topSource: reutersJun 15th, 2020

Oil down as rising U.S. inventories reawaken supply anxiety

Oil prices fell on Wednesday after a rise in crude and fuel stockpiles in the United States revived fears about oversupply and falling fuel demand in the world's largest crude consumer amid the coronavirus outbreak......»»

Category: topSource: reutersJun 10th, 2020

Airline stocks in broad rally as TSA data show travel demand keeps rising

Airline stocks enjoyed another broad rally Tuesday, as data on airport travelers continued to show a steady increase in demand as COVID-19-related restrictions gradually ease. The U.S......»»

Category: topSource: marketwatchJun 2nd, 2020

Stocks rise on recovery hopes

U.S. stocks posted gains Monday as signs of U.S. economic recovery helped offset jitters over increasingly violent social unrest amid an ongoing pandemic and rising U.S.-China tensions. Fred Katayama reports......»»

Category: videoSource: reutersJun 1st, 2020

Wall Street closes higher as recovery signs soothe protest, pandemic worries

U.S. stocks posted gains on Monday as signs of U.S. economic recovery helped offset jitters over increasingly violent social unrest amid an ongoing pandemic and rising U.S.-China tensions......»»

Category: topSource: reutersJun 1st, 2020

U.S. stocks gain as signs of recovery offset protests, economic worries

Wall Street stocks posted modest gains on Monday as signs suggesting the U.S. economy may be on the road to recovery helped soothe jitters over increasingly violent social unrest and rising U.S.-China tensions......»»

Category: topSource: reutersJun 1st, 2020

Oil prices rise on higher U.S. gasoline demand, refinery runs

Oil futures rose on Thursday, erasing earlier losses, on signs U.S. gasoline demand is rising despite a big surprise build in crude inventories and worries that China's new Hong Kong security law could result in trade sanctions......»»

Category: topSource: reutersMay 28th, 2020