Oil prices slip as U.S. inventories and virus fears grow

On Wednesday, oil prices fell as industry data showed a bigger than expected inventory build in the United States, where a surge in coronavirus cases could further dent fuel demand in the world’s biggest oil consumer. Brent crude fell 60…

Oil jumps 3% on EU stimulus deal

Oil prices gained more than 3% to hit a more than four-month high on Tuesday, helped by positive news about coronavirus vaccine trials and a European Union stimulus deal. Brent crude rose $1.39, or 3.2%, to $44.67 a barrel by 11:19 a.m.…

Oil steady despite surge in Coronavirus infections

Oil prices were little changed on Monday after falling earlier as a record daily rise in global coronavirus cases boosted concerns that demand could fall again, while a producer meeting this week was expected to recommend an increase in…