Three-quarters of U.S. Gulf of Mexico oil output remains shut HOUSTON (Reuters) – More than three-quarters of the U.S. Gulf of Mexico’s offshore oil and natural gas output remained shut on Wednesday as [...]
Oil falls as demand concerns trump Suez Canal disruptions MELBOURNE (Reuters) – Oil prices fell more than 1% as fresh coronavirus lockdowns revived worries about demand for oil products, even as tug [...]
Oil prices slide as coronavirus lockdown concerns outweigh Suez Canal disruptions MELBOURNE (Reuters) – Oil prices skidded around 2% as fuel demand concerns re-emerged alongside fresh coronavirus pandemic lockdowns, trimming overnight gains spurred by [...]
Oil extends gains on prospect of OPEC+ sticking with supply cuts SINGAPORE (Reuters) – Oil prices rose for a second straight session on Thursday, as the possibility that OPEC+ producers might decide against increasing [...]