Oil drops for third day on concerns COVID-19 variant spread to cut demand
Oil prices fell for a third day on Wednesday on mounting concerns that the increasing spread of the Delta variant of the coronavirus in top consuming countries will cut fuel demand. Brent crude oil futures slid 22 cents, or 0.3%, to $72.19 a barrel, as of 0129 GMT....Oil Down, COVID-19 Concerns Cloud Fuel Demand Outlook
Oil was down Tuesday morning in Asia, as COVID-19 concerns alongside slowing manufacturing activity in the U.S. and China dimmed the fuel demand outlook. Brent oil futures edged down 0.11% to $72.81 by 12:47 AM ET (4:47 AM GMT) and WTI futures inched down 0.10% to...
Oil slumps over Covid, gold steady
Oil prices dip as outlook worsens Crude prices declined as unvaccinated countries continue the battle against the delta variant. The crude demand outlook is getting bombarded with bearish headlines. The short-term drivers are all negative: Brisbane’s lockdown was...
Oil Opens Week Steady as Traders Weigh Demand, Iranian Tensions
Oil opened the week little changed after a run of four monthly gains on signs that rising vaccine-aided demand was draining stockpiles, offsetting the risk posed by the spread of the delta virus variant. West Texas Intermediate slipped 0.2% in early Asian trading,...
Gold Down, but Near Two Week High, Over Fed’s Dovish Tone
Gold was down on Friday morning in Asia. However, the yellow metal remained near a two-week high and is set to end the week with its biggest weekly gains since May 21 over signs that the U.S. Federal Reserve is unlikely to begin asset tapering and hike interest rates...Free Trading Indikator Terbaik
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