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Oil Drops With Demand Worries Reverberating From U.S. to Asia

By Andres Guerra Luz (Bloomberg) –Oil weakened as economies from the U.S. to Asia signaled a deepening demand fallout from the coronavirus pandemic. China’s cooling oil consumption hurt prices for Iraqi crude, while derivatives that help value North Sea grades showed renewed weakness. In the U.S., jobless claims rose last week for the first time since […]

WP_Post Object ( [ID] => 227778 [post_author] => 21 [post_date] => 2020-07-23 15:15:41 [post_date_gmt] => 2020-07-23 15:15:41 [post_content] => vlcc tankerBy Andres Guerra Luz (Bloomberg) –Oil weakened as economies from the U.S. to Asia signaled a deepening demand fallout from the coronavirus pandemic. China’s cooling oil consumption hurt prices for Iraqi crude, while derivatives that help value North Sea grades showed renewed weakness. In the U.S., jobless claims rose last week for the first time since […] [post_title] => Oil Drops With Demand Worries Reverberating From U.S. to Asia [post_excerpt] => By Andres Guerra Luz (Bloomberg) –Oil weakened as economies from the U.S. to Asia signaled a deepening demand fallout from the coronavirus pandemic. China’s cooling oil consumption hurt prices for Iraqi crude, while derivatives that help value No... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => oil-drops-with-demand-worries-reverberating-from-u-s-to-asia [to_ping] => [pinged] => [post_modified] => 2020-07-23 15:15:41 [post_modified_gmt] => 2020-07-23 15:15:41 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=141313 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )