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Oil market

Oil Prices Rise but India Coronavirus Cases Weigh

Oil prices rose on Friday, reversing some of the previous day's sharp losses as stock markets strengthened, though gains were capped by the coronavirus situation in major oil consumer India ...
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Oil Falls as Colonial Pipeline Resumes Operations

Oil futures fell Thursday, on track to snap a four-day winning streak, as the Colonial Pipeline resumes operations on the U.S. East Coast after shutting down in response to a ...
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Oil Drops on Indias COVID19 Crisis, Pipeline Resumption

LONDON — Oil prices fell more than 2% on Thursday as India’s coronavirus crisis deepened and a key U.S. pipeline resumed operations, halting a rally that had lifted crude to ...
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Oil Falls on India COVID Crisis, Pipeline Outage Fears Ease

Oil prices fell on Tuesday on fading fears of a prolonged outage of the largest U.S. fuel pipeline system, while India’s coronavirus crisis showed scant sign of easing, with a ...
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Oil Falls on Expectations Colonial Pipeline Outage will be Temporary

Oil futures traded lower Tuesday, with investors looking past the closure of the Colonial Pipeline that provides 45% of the fuel consumed on the U.S. East Coast as the company ...
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Oil Prices Rise on Drawdown in U.S. Crude Inventory

Oil prices edged higher on Thursday, recouping early losses, as crude stockpiles in the United States, the world’s largest oil consumer, fell more sharply than expected as refining output rose ...
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Oil Prices Gain after Steep Drop in U.S. Crude Inventories

Oil prices rose for a third day on Wednesday after industry data indicated U.S. crude inventories fell much more than expected last week, reinforcing bullish views on fuel demand in ...
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U.S. Oil Prices Rise Toward Highest Finish in 2 Years on Reopening Euphoria, Drop in Supplies

Oil futures rose for a third straight day Wednesday, with U.S. prices on track to score their highest finish in over two years, buoyed by expectations for higher demand as ...
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Oil Pushes Higher as U.S., Europe ease COVID Restrictions

Oil futures rose Tuesday, finding support as traders turned their attention to easing COVID-19 restrictions in the U.S. and Europe, which look to help boost energy demand.In the U.S., demand ...
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Oil Rises on Optimistic Demand Outlook; Uncertainties Remain

Oil prices rose on Wednesday amid optimistic forecasts of global fuel demand recovery, while the rapid spread of COVID-19 infections in India and a bigger-than-expected build in U.S. crude stocks ...
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Oil Buoyeds by OPEC Confidence, Traders await Storage Data

Oil futures pushed higher Wednesday, finding support after the Organization of the Petroleum Exporting Countries and its allies stuck with plans to continue gradually easing production curbs, signaling confidence in ...
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Oil near 66 ahead of OPEC Meeting, India Weighs

Oil rebounded to $66 a barrel on Tuesday ahead of a meeting of producer group OPEC+ to discuss oil output policy amid concern India’s coronavirus crisis could dent a recovery ...
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Oil Prices move Lower on COVID19 Worries in India

Oil futures fell Monday, extending last week’s loss as investors continued to monitor rising COVID-19 cases in India and other countries ahead of a meeting later this week of the ...
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Oil Falls for Third Straight Day as Global COVID Cases Rise

Oil futures remained under pressure Thursday, falling for a third straight session, with weakness tied in part to a continued surge in COVID-19 cases outside the U.S., underlining concerns about ...
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Oil Edges Lower as Rising Infections Stir Demand Worries

Oil futures lost ground Monday, with weakness tied in part to concerns over the demand outlook as COVID-19 infections outside the U.S. continued to rise.West Texas Intermediate crude for May ...
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