Oil prices fell for a fifth day on Thursday to their lowest since January 2019 a...
TOKYO - Oil prices fell for a fifth day on Thursday to their lowest since January 2019 as a growing number of new coronavirus cases outside of China deepened fears that the global economy will slow and lower crude demand.
Brent prices have dropped 11% in the past five trading sessions through Thursday, the biggest five-day percentage loss since August 2019. WTI has declined 10.8% over the same period, also the biggest five-day percentage drop since August 2019. “Speculations that coronavirus may spread in the United States prompted a series of fresh selling,” said Kazuhiko Saito, chief analyst at Fujitomi Co.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
New coronavirus cases outside China exceeded those in China for the first time, WHO says'The sudden increases of cases in Italy, the Islamic Republic of Iran and the Republic of Korea are deeply concerning,' Tedros Adhanom Ghebreyesus, director-general of WHO, said.
Les mer »
Oil steadies above $56 as supply constraints counter virus fearsOil steadied above $56 a barrel on Tuesday after two days of declines as OPEC ou...
Les mer »
Why A Famed Texas Oil Family Is Hunting For Cheap Solar Power From ‘Perovskites’Why a famed Texas oil family is hunting for cheap solar power from perovskites, a class of minerals first discovered 180 years ago in the Ural mountains and named for a Russian scientist
Les mer »
Oil rises on short-covering despite growing fears over coronavirusCrude prices edged up on Wednesday as investors covered short positions after th...
Les mer »
Have You Considered Adding a Hair Oil to Your Everyday Routine?These four products will make your hair longer, stronger, and shinier.
Les mer »
Oil down 3% as virus spreads in Europe, Mideast; new U.S. cases suspectedOil prices fell 3% on Wednesday after hundreds of new coronavirus cases reported...
Les mer »