Reuters LONDON – Brent crude oil prices fell as much as $1 per barrel on Monday, hit by renewed concerns about global fuel demand amid tough coronavirus lockdowns around the world, as well as a stronger U.S. dollar. Brent was down 57 cents, or 1%, at $55.42 a barrel at 1205 GMT, after falling $1 to a session low of
Reuters NEW YORK – Oil prices edged higher on Friday, on track for a third consecutive weekly rise, buoyed by successful COVID-19 vaccine trials, while renewed lockdowns in several countries to limit the spread of the coronavirus capped gains. Brent crude futures rose 36 cents to $44.56 a barrel by 10:38 a.m. EDT (1538 GMT). The more active U.S. West
Reuters NEW YORK – Oil prices tumbled by more than 4% on Thursday, dropping to a five-month low and extending the previous day’s sharp decline on the impact renewed coronavirus lockdowns could have on oil demand. December Brent crude futures were down $1.66, or 4.2%, at $37.45 by 12:34 EST (1634 GMT), after earlier dropping as far as $36.64, the
Reuters LONDON – Oil prices rose on Tuesday as analysts took the view that renewed lockdown restrictions would have only a limited impact on fuel demand, partly reversing a steep drop in prices the previous day. Brent crude LCOc1 was up 62 cents, or 1.5%, at $42.06 per barrel at 1343 GMT. U.S. West Texas Intermediate (WTI) crude CLc1 for October, due to expire
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