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Oil Price - Oil prices slip on rising coronavirus cases and oil supplies
Oil prices fell on Tuesday on worries that a resurgence of coronavirus cases globally is stifling a recovery in fuel demand while growing Libyan output adds to already plentiful supply.
Prices of vegetable oil including CPO to take cue from soybean — Oil World CEO
Oil World editor and chief executive officer (CEO) Thomas Mielke has told analysts that prices of vegetable oil including crude palm oil (CPO) are expected to be impacted by higher prices of soybean ...
Rouble weakens, stocks hit 3-month low as oil prices slip, COVID threat remains
The rouble weakened on Tuesday and Russian stocks fell to three-month lows, hurt by a slip in oil prices, rising COVID-19 cases at home and abroad, and fading optimism over a potential U.S. stimulus ...
IMF forecasts $40-50 crude oil price for 2021
The International Monetary Fund is forecasting the price of crude oil in the range of 40 to 50 dollars per barrel next year. This will not come as a good omen for the Ghanaian economy since oil price ...
Oil prices remain steady after OPEC+ warn of precarious market outlook
Oil steadied near $41 a barrel in New York with OPEC+ warning of a precarious outlook for the market as a resurgent virus hits consumption. Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman ...