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Oil Price - Oil prices fall because of concerns about extended rioting in major US cities

01-06-2020 04:02

Oil prices fell due to concerns about riots in major US cities that could staunch demand after trading higher on optimism that OPEC would extend or enhance production cuts at a meeting in June.

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Oil prices slump as wary traders eye upcoming OPEC+ meeting

Oil prices edged down on Monday as traders took profits, with the Organisation of the Petroleum Exporting Countries (OPEC) considering meeting as soon as this week to discuss whether to extend record ...

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Oil firms adjusts prices as NCR now in GCQ

Oil companies have continued to increase prices of their products by the pump and now they are set to jack it up anew with the general community quarantine currently being imposed in Metro Manila. In ...

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Gulf currency pegs to remain despite oil price slump, S&P says

The six nations of the Gulf Cooperation Council will maintain their pegged currencies despite a fall in oil prices, S&P Global Ratings said on Monday. Th ...

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Gold price and oil price both on the up

From a descending channel to an ascending one, gold has continued to climb, pushing through $1740, with further gains heading towards $1755 and then on to $1765. A more bearish view would require a ...

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