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Brent Oil - Oil prices fall again as coronavirus continues to weigh on demand
Brent crude fell two per cent to $57.68, whilst West Texas Intermediate showed a similar decline to $52.32. Read more: Shell’s final quarter profit halves amid oil price slump The renewed fall came ...
Crude oil futures down 1.39% on rise in US inventory, coronavirus economic impact
Crude oil futures slipped 1.39 percent to Rs 3,753 per barrel on January 30 as participants ... West Texas Intermediate crude eased 1.28 percent to $52.65 per barrel, while Brent crude, the ...
Palm oil market hit by two ‘C’s: crude oil and coronavirus
There was an expectation that the market would begin to correct from April 2020 onwards (See BL Commentary ‘Palm oil rally to peter out by end-Q1 2020’). As is well-known, following the re-emergence ...
Coronavirus: Oil prices fall amid coronavirus, rise in crude stocks
Oil prices fell on Thursday, resuming their declines after a brief pause earlier this week, as alarm spread over the economic impact of the Wuhan virus in China, while a bigger-than-expected increase ...
Crude oil futures slip Rs 23 to Rs 3,783 per barrel
Analysts said the fall in crude oil futures was mostly due to trimming of positions by traders amid weak spot demand. Globally, West Texas Intermediate crude oil traded 1.01 per cent lower at $52.79 ...