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A service for global professionals · Monday, April 19, 2021 · 538,827,032 Articles · 3+ Million Readers
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United Kingdom OPEC Newswire

  • Published on 14:01 GMT

    Oil Steady as Dollar Dips and India Cases Surge

    (Bloomberg) -- Oil steadied near $67 a barrel as the benefits of a weaker dollar were offset by the sweep of the coronavirus pandemic across key importer India. Brent futures traded little changed, paring an earlier decline as the dollar slipped, making …

    Source: Rigzone - Neutral
  • Published on Apr 16, 2021

    Oil rises above $67 in fifth day of gains on demand hopes

    By Alex Lawler LONDON (Reuters) -Oil rose above $67 a barrel on Friday, gaining for a fifth session, as a stronger demand outlook and signs of economic recovery in China and the United States offset rising COVID-19 infections in some other major economies. …

    Source: Investing.com - Neutral
  • Published on Apr 16, 2021

    Oil and gas seals Market Size, Share & Growth [2027]

    Japan, Japan, Fri, 16 Apr 2021 05:06:43 / Comserve Inc. / -- Oil and gas seals Market Opportunities, Size, Share, Emerging Trends, Technological Innovation, Forecasts & Regional Analysis (Latin America, North America, Asia Pacific, Europe, …

    Source: Tradingcharts.com - Neutral
  • Published on Apr 16, 2021

    Oil prices decline, but stay on track for a more than 6% weekly climb

    Oil futures pulled back on Friday, after posting four consecutive session gains, but remained on track for a more than 6% weekly climb. Support from a strong economic report from China helped to offset pressure from concerns that rising cases of COVID in …

    Source: MarketWatch - Neutral
  • Published on Apr 16, 2021

    Oil Up on Better Demand Outlook

    (Bloomberg) -- Oil is heading for the biggest weekly gain since early March on optimism the recovery in demand from the Covid-19 pandemic is improving. Futures in New York rose on Friday and are up more than 7% this week. China’s economy soared in the …

    Source: Rigzone - Neutral
  • Published on Apr 16, 2021

    World stocks at record high, oil up on strong China, U.S. data

    By Hideyuki Sano TOKYO (Reuters) -Global stocks stood near record highs on Friday after strong U.S. and Chinese economic data cemented expectations of a solid global recovery from the coronavirus-induced slump. FILE PHOTO: A man is reflected on a stock …

    Source: Reuters - Neutral
  • Published on Apr 16, 2021

    Oil Near One-Month Highs as Demand Outlook Improves

    LONDON—Oil prices eased on Thursday but remained close to a one-month high driven by more positive demand forecasts from the International Energy Agency and OPEC as major economies recover from the pandemic. Brent crude was down 25 cents, or 0.4 percent, …

    Source: The Epoch Times - Right-wing
  • Published on Apr 15, 2021

    Oil Steady After Jumping on Stockpile Draw

    (Bloomberg) -- Oil was steady in Asia after jumping almost 5% on Wednesday as U.S. stockpiles data added to signs the demand outlook is improving. Futures in New York traded near $63 a barrel after closing higher for a third day, the longest run of gains …

    Source: Rigzone - Neutral
  • Published on Apr 15, 2021

    Oil to hit $40 by 2030 if climate goals are met: Report

    LONDON: Global prices could drop to around $40 a barrel by 2030 if governments push to reduce fuel consumption in step with U.N.-backed plans to limit global warming, a leading energy consultancy said on Thursday. In a report outlining a scenario where the …

    Source: Economic Times - Uncategorized
  • Published on Apr 14, 2021

    Bank Earnings, Coinbase Goes Public, IEA Hikes Oil Forecast - What's up in Markets

    By Geoffrey Smith Investing.com -- Coinbase is set to go public via a direct listing at a reference price that values it north of $65 billion. Bitcoin and Dogecoin are basking in its reflected glory. JPMorgan (NYSE:JPM) and Goldman Sachs (NYSE:GS) are …

    Source: Investing.com - Neutral
  • Published on Apr 14, 2021

    Oil Up After IEA Brightens Outlook

    (Bloomberg) -- Oil advanced for a third day after the IEA lifted its forecasts for demand and an industry report pointed to another decline in U.S. crude stockpiles. Futures rose 1.6% in New York and are heading for the longest run of gains in over a month …

    Source: Rigzone - Neutral
  • Published on Apr 14, 2021

    Oil prices rise after robust China data, Middle East tension

    LONDON: Oil prices rose on Tuesday after strong Chinese import data, while Middle East tensions gave only a limited boost given no crude supply has been disrupted so far. Brent crude oil futures were up 67 cents, or 1%, at $63.95 a barrel by 1221 GMT, …

    Source: Economic Times - Uncategorized
  • Published on Apr 13, 2021

    OPEC raises 2021 oil demand growth forecast on hopes virus impact wanes

    LONDON : OPEC on Tuesday raised its forecast for growth in world oil demand this year on hopes the pandemic will subside, providing help for the group and its allies in their efforts to support the market. Demand will rise by 5.95 million barrels per day ( …

    Source: Mint - Neutral
  • Published on Apr 13, 2021

    Crude oil will climb above $70; energy security could reappear on the radar

    Energy security concerns are bubbling beneath the surface. While OPEC+ can provide the necessary crude as demand recovers in the near term, there may be a lack of firepower from the rest of the oil producing fraternity further down the line. The recent …

    Source: Business Standard - Neutral
  • Published on Apr 13, 2021

    Opec raises 2021 oil demand...

    Opec on Tuesday raised its growth forecast for world oil demand this year on expectations that the pandemic will subside just as the group and its allies plan to unleash more crude supplies over the next few months. In its closely watched monthly oil …

    Source: Khaleej Times - Uncategorized
  • Published on Apr 13, 2021

    Oil Up as China Trade Robust Amid Virus Concerns

    (Bloomberg) -- Oil rose with traders looking for the next catalyst to shake the market out of a recent tight trading range. Futures were near $60 a barrel in New York, a level around which they have gyrated for almost four weeks. Trade data in China …

    Source: Rigzone - Neutral
  • Published on Apr 13, 2021

    Oil prices rise modestly after downbeat week

    NEW YORK, April 12 (Xinhua) -- Oil prices climbed on Monday after suffering a loss in the prior week. The West Texas Intermediate for May delivery added 38 cents to settle at 59.70 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for …

    Source: Big News Network - Neutral
  • Published on Apr 12, 2021

    Oil falls 2% last week on supply increase: Al...

    Oil prices settled lower on Friday and fell around 2 percent last week as production increases and renewed COVID-19 lockdowns in some countries, offset optimism about a recovery in fuel demand. Brent crude settled down 22 cents, or 0.4 percent, to $62.95, …

    Source: The Peninsula - Gov't Propaganda
  • Published on Apr 12, 2021

    Oil Slips as Investors Weigh Near Term Demand

    (Bloomberg) -- Oil dropped toward $59 a barrel as investors assessed the near-term demand outlook amid a Covid-19 flare-up in some regions, while a rising dollar reduced the appeal of commodities priced in the currency. Futures in New York lost 0.5% on …

    Source: Rigzone - Neutral
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