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North Asia Crudes

Reuters - Business

Oil prices rise on supply cut hopes, easing of coronavirus lockdowns

Reuters
MELBOURNE/SINGAPORE (Reuters) – Oil prices climbed on Tuesday, boosted by increasing faith in the market that producers will to stick to commitments to cut crude supply while demand picks up with more cars back on the road as coronavirus lockdowns are eased around the world. FILE PHOTO: The sun sets......
Reuters - Business

Oil drops 3% on China-U.S. tensions, energy demand doubts

Reuters
NEW YORK (Reuters) – Oil prices tumbled about 3% on Friday on rising U.S.-China tensions and doubts about how quickly fuel demand would recover from the coronavirus crisis. FILE PHOTO: A TORC Oil & Gas pump jack is seen near Granum, Alberta, Canada May 6, 2020. REUTERS/Todd Korol/File Photo Fuel......
Reuters - Business

Oil prices drop as China-U.S. tensions grow, Beijing fails to set economic growth target

Reuters
TOKYO (Reuters) – Oil prices fell on Friday as tensions rose between the U.S. and China and as Beijing failed to set target for economic growth this year, stoking concern that the coronavirus pandemic will overshadow fuel demand in the world’s second-largest oil user. FILE PHOTO: A TORC Oil &......
Reuters - Business

Oil drops after China abandons target for 2020 GDP amid coronavirus outbreak

Reuters
FILE PHOTO: A TORC Oil & Gas pump jack is seen near Granum, Alberta, Canada May 6, 2020. REUTERS/Todd Korol/File Photo TOKYO (Reuters) – Oil prices slumped on Friday after China’s decision to omit an economic growth target for 2020 renewed concerns that the fallout from the coronavirus pandemic will......
Reuters - Business

Oil prices, gasoline demand climb as countries ease coronavirus curbs

Reuters
FILE PHOTO: A TORC Oil & Gas pump jack is seen near Granum, Alberta, Canada May 6, 2020. REUTERS/Todd Korol/File Photo TOKYO (Reuters) – Oil prices were on the rise on Friday, heading for a fourth straight week of gains, amid more evidence that fuel demand is recovering as countries......
Reuters - Business

OPEC chief says oil market responding well to record OPEC+ cut

Reuters
LONDON (Reuters) – OPEC is encouraged by a rally in oil prices and strong adherence to its latest output cut, its secretary general said, although sources say the group has not ruled out further steps to support the market. FILE PHOTO: A 3D printed oil pump jack is seen in......

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