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Oil is usually priced in dollars, so a stronger greenback makes crude more expensive for buyers with other currencies

Oil falls on coronavirus fears, strong dollar

Business • 18 Jan

Oil prices could gain more strength as vaccination programmes around the world begin next year

Oil up on hopes of demand recovery, lower US stocks

Business • 30 Dec 20

A new strain of the coronavirus in the UK has triggered concerns over fuel demand recovery

Oil plunges on renewed demand recovery fears

Business • 22 Dec 20

Oil prices jumped again today on hopes for a recovery in vehicle traffic and fuel demand

Oil extends gains on demand hopes as lockdowns ease

Business • 05 May 20

Oil traders are resorting to hiring expensive US vessels to store gasoline or ship fuel overseas

Oil mixed on easing lockdowns, looming storage shortage

Business • 28 Apr 20

Oil prices bounced nearly 7% today after three days of heavy losses

Oil jumps after three-day slump but virus still weighs

Business • 19 Mar 20

Travel and social lockdowns sparked by the coronavirus epidemic have knocked the outlook for oil demand

US crude hits 18-year low as lockdowns spread

Business • 18 Mar 20

Brent's premium to WTI has narrowed to less than $1, making US crude oil uncompetitive in international markets

Brent falls 10%, WTI below $30 as coronavirus spreads

Business • 16 Mar 20

Brent is set to fall around 24% this week, the biggest weekly decline since December 2008

Oil rises 2% but set for biggest weekly drop since 2008

Business • 13 Mar 20

Oil prices are soaring after a US air strike in Iraq killed Iranian commander Qassem Soleimani

Oil tops $70 as Iran, Trump trade threats

Business • 06 Jan 20

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