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Oil price news

 
 

Oil falls as market corrects boosted price levels

Oil prices declined today as the market is correcting the exaggerated price levels reached in yesterday’s session. Meanwhile, Covid-19 demand concerns and US supply return.

 
 
 
 

Oil prices continue to fall

Oil prices are continuing to fall, with most concerns focusing on the US, where Covid-19 isn’t slowing down and road fuel demand trembles.

 

Oil prices feel the delayed summer blues

Oil prices continued their decline on Monday, as the market is growing less and less confident that oil demand will recover as quickly as it hoped.

 
 

Oil declines on demand concerns, Iraq's compliance

Oil prices declined today as the market finally prices in the underlying uncertainty over the oil demand’s recovery, Iraq’s cuts compliance and the additional effect of Covid-19 on the economy as a whole.