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Brent Oil - Oil slips to $62, heads for weekly loss on China virus concerns

24-01-2020 02:30

curbing travel and oil demand, overshadowed supply cuts. The virus has prompted the suspension of public transport in 10 Chinese cities. Health authorities fear the infection rate could accelerate ...

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Crude oil futures up 1.30% in afternoon trade

Brent crude has fallen $2.73, or 4.21 percent during the week on concerns over spreading coronavirus in China that has killed 25 people and infected 800 people denting travel and economic outlook.

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Oil recovers after WHO calms Chinese epidemic concerns

Crude oil prices saw some gains at trading start on Friday having recovered from losses made during the previous session after the World Trade Organization (WHO) appeased concerns over the coronavirus ...

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Oil steadies, but concern over China virus weighs

Brent crude futures were 4c lower to $62 a barrel by 2.25am ... spread could crimp energy demand from the transportation sector. On the supply side, US crude oil and distillate inventories fell last ...

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Asia calm despite looming risks to Mideast oil supply

The new decade started on a turbulent note for the oil markets with the United States and Iran coming ... Soleimani in a drone strike in Baghdad on Jan. 3. The incident sent Brent futures prices ...

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