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Oil is off over 20% from peaks struck in January after the coronavirus hit demand in the world's largest oil importer

Oil edges down as traders assess China's oil demand

Business • 10 Feb 20

The death toll from China's coronavirus rose and more businesses have been forced to shut down, fuelling expectations of slowing oil demand

Oil drops below $60 as China virus stokes demand fears

Business • 27 Jan 20

OPEC and other producers agreed in November to extend and deepen output curbs in place since 2017

Oil rises in quiet Christmas trade amid supply cuts

Business • 24 Dec 19

Big oil producers are evacuating rigs in the Gulf of Mexico ahead of a major storm

Oil gains after US stockpiles drop, rigs evacuated

Business • 10 Jul 19

Analysts said oil was under pressure because fears over future demand amid trade disputes threatening global economic growth

Crude oil prices fall 1% on fears for global economy

Business • 05 Jul 19

Oil prices remain pressured by worries demand could ease amid hints of a slowdown in the global economy

Oil dips on demand worries despite OPEC cut extension

Business • 02 Jul 19

OPEC and its allies are on track to extend supply cuts into 2020 at their meeting in Vienna this week

Oil prices jump as OPEC to extend supply cuts

Business • 01 Jul 19

The price of Brent climbed 5% last week and US crude surged 10%

Oil prices drop amid demand worries

Business • 25 Jun 19

US crude stocks fell by 3.1 million barrels last week, compared with analyst expectations for a draw of 1.1 million barrels, the EIA said

Oil jumps 3% towards $64 as US drone downed in Gulf

Business • 20 Jun 19

US crude inventories have hit the highest since July 2017, suggesting ample supplies in the world's top consumer

Oil prices set for 2019's biggest weekly loss

Business • 24 May 19

OPEC cut its forecast for 2019 world oil demand today, citing slowing economies

Oil up nearly 3% on Saudi and OPEC cuts

Business • 12 Feb 19

OPEC said its production fell sharply last month, easing fears about prolonged oversupply

Oil prices climb 1% on OPEC output cut

Business • 18 Jan 19

Weak Chinese figures have raised the prospect of a slowdown in fuel demand

Oil falls back to $60 on concerns about China slowdown

Business • 14 Jan 19

Brent and WTI are set for their second week of gains, rising nearly 8% and 10% respectively

Oil on track for weekly gains on trade talk hopes

Business • 11 Jan 19

Oil prices rise as OPEC cuts back on output and on easing concerns over weak demand growth

Brent crude oil rises back to $60 a barrel

Business • 09 Jan 19

Traders are hoping that talks in China can resolve the US-China trade war

Oil prices gain 2% extending rally from December lows

Business • 07 Jan 19

Oil prices fell to their lowest in almost 18 months this week and are down more than 20% for the year

Oil steady near 18 month lows after profit-taking

Business • 28 Dec 18

Oil prices are heading for losses of more than 20% in 2018

Oil prices fall over 1% as US stock markets retreat

Business • 27 Dec 18

The price plunge has caused US shale oil producers to curtail drilling plans for next year

Oil rises on signs recent low prices reducing US output

Business • 24 Dec 18

WTI and Brent futures are down more than 30% from their peak in October

Oil hits multi-month lows as downbeat mood persists

Business • 21 Dec 18

Oil prices are down more than 30% from peaks seen in October

Oil slumps 4% to lowest level in a year

Business • 20 Dec 18

Brent and New York crude contracts collapsed as low as $57.20 and $47.84 per barrel respectively during the morning session

Oil slumps to fresh one-year lows in markets rout

Business • 18 Dec 18

Both US crude and Brent crude benchmarks fell more than 30% from early October through the end of November as a supply glut inflated global inventories

Oil drops as oversupply, economic growth worries weigh

Business • 17 Dec 18

OPEC will curb output by 0.8 million barrels per day from January

OPEC, Russia to cut oil output despite Trump pressure

Business • 07 Dec 18

Investors are weighing up the effectiveness of a potential cut in supply from OPEC and possibly other exporters in the face of rapidly rising global output

Oil slips as pessimism over supply resurfaces

Business • 19 Nov 18

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