oil prices
Oil falls as worsening pandemic threatens recovery
In the US, energy drillers cut the number of oil and natural gas rigs operating to a record for an 11th week in a row
Oil prices mixed as virus spike casts shadow over demand
The two benchmark contracts fell 1% on Thursday after OPEC+ agreed to trim record supply cuts of 9.7 million barrels per day
Oil prices slip after OPEC, allies agree to loosen supply curbs
OPEC+ agreed on Wednesday to scale back oil production cuts from August as the global economy slowly recovers from the coronavirus pandemic
Oil prices drop on demand recovery fears, OPEC+ easing expectations
The market will be watching next move from OPEC+ whose Joint Monitoring Committee will meet on Wednesday to recommend next level of cuts
Oil slips as traders eye supply cut easing at OPEC meeting
Oil prices have recovered sharply in April after OPEC+ cut output by a record 9.7 million barrels per day for three months since May
Oil prices cautiously rise on output cut support
The market is still being supported by a bigger-than-expected drawdown in US crude stockpiles reported last week
Oil prices slip on demand fears as virus cases surge
The EIA data showed that gasoline imports hit the highest level since last August and peaked the most on a seasonal basis in nine years
Oil prices fall as weak Japan data exposes market jitters over fragile demand
Japan reported industrial output for May fell 8.4% in May from the previous month, compared with market forecasts for a 5.6% decline
Oil falls in second straight session as virus cools demand
Even as higher oil prices prompt producers to resume drilling, number of operating oil and natural gas rigs dropped to record low last week
Oil prices rise on demand recovery, despite surge in virus cases
The prospect of increased US crude production also kept a lid on gains on Friday