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Oil prices up on China's economic rebound signals
- Rising tensions between Saudi Arabia, Yemen contribute to more bullish oil prices
Oil down over demand fears as India’s virus cases surge
- Country confirms new single-day record with nearly 169,000 cases
Oil prices down over unexpected build in US fuel stocks
- Low demand concerns linger with US gasoline inventory rise of 4 million barrels last week
US crude oil inventories fall for week ending April 2
- Commercial crude oil stocks decrease by 3.5 million barrels, higher than market expectation of 1.325 million-barrel draw
US energy agency revises up its oil price forecast
- International benchmark Brent crude is now estimated to average $62.28 per barrel in 2021
Oil prices slip with demand curbed from virus concerns
- Millions of Christians celebrated Easter under restrictions and limited gatherings, raising oil demand concerns
Oil prices up by over 2% for week ending April 2
- Cautious OPEC+ output decision and fall in US oil inventories support rise of oil prices
Oil prices up over OPEC+’s cautious output ease
- Rapid increase in Eurozone manufacturing sector's PMI in March also reflects positively on oil prices
South Sudan’s economy hit by drop in oil prices, floods
- $174.2M IMF loan to help stabilize exchange rate, prices, says central bank governor
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Oil up ahead of OPEC+ decision on output level
- Group is scheduled to meet later on Thursday
US crude oil inventories fall for week ending March 26
- Commercial crude oil stocks decrease by 900,000 barrels, higher than market expectation of 400,000-barrel rise
Oil up over hopes of extension of current output cuts
- Scheduled to meet on Thursday, OPEC+ will decide whether to either keep or ease current production cuts further after April
Oil prices slip due to uncertainty ahead of OPEC+ meet
- Investors are cautious before OPEC+ meeting although experts say output rise is unlikely with more Covid-19 cases in Europe
Oil down as Suez Canal re-opens after six-day blockade
- Further declines were limited as investors are hopeful of reasonable market management by OPEC+
OPEC+ caution likely with recent oil price losses
- OPEC+ boost needed at end of month to curtail oil price losses in March, expert says
Oil prices rise after sharp declines over demand fears
- Rising coronavirus cases in European countries followed by mitigation measures dampen hopes of oil demand recovery
Oil down over fears of stalled demand from lockdowns
- Several European countries raise containment measures amid third wave of virus surging across continent
Oil down as rising virus cases caps demand rebound hopes
- EU countries, including Germany and Belgium, plan to further increase restrictions against virus
Oil prices down over 8% for week ending March 19
- Having hovered between $68-70 a barrel, oil prices post sharp declines on the last day of week
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Oil posts sharp decline over rising demand concerns
- Increasing virus cases and uncertainties around safety of vaccines put pressure on oil prices
Oil prices rise over unexpected fall in US stocks
- Delayed oil demand recovery fears weigh on prices as safety of COVID-19 vaccines is brought into question
Oil prices down over negative vaccine reports
- Several European countries halt use of AstaZeneca’s vaccine over reports of blood clotting cases
Oil prices up over better economic data from China
-China's daily refinery output increased 15% in January and February, data from National Bureau of Statistics shows
Oil prices down over 1% for week ending March 12
- Despite limited fluctuations, oil prices hover between $66-69 a barrel during week supported by tighter supply
Oil prices up as US economy shows positive signs
- Country’s consumer prices show 0.4% increase in February in line with economists’ expectations
US crude oil inventories rise for week ending March 8
- Commercial crude oil stocks increased by 13.8 million barrels, more than market expectation of 833,000-barrel draw
US energy agency revises up its oil price forecast
- Brent to average $63 per barrel in first half of 2021 before declining to $58 per barrel for rest of year: EIA outlook
Oil down over expected rise in US stocks, rising dollar
- US crude oil inventories are forecast to rise by over 12.8 million barrels, API figures show