Oil slips on weaker demand outlook after US gasoline stocks build

MELBOURNE: Oil prices dropped in early trade on Thursday, adding to heavy losses overnight, after a build in U.S. gasoline inventories pointed to a deteriorating outlook for fuel demand as … Read More

Brent crude: Oil prices drop for 4th day as COVID-19 second wave worries intensify

MELBOURNE: Oil prices slipped for a fourth straight day on Tuesday on worries about a resurgence of coronavirus cases globally stifling a promising recovery in fuel demand, while growing output … Read More

oil prices: Oil steady as rising coronavirus cases stokes demand concerns

SINGAPORE: Oil prices were steady on Wednesday on concerns that fuel demand will continue to falter as rising coronavirus cases across Europe and in the United States, the world’s biggest … Read More