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Tag "International energy agency"

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Oil drops over $1 on oversupply after OPEC+ delays meeting

SINGAPORE/NEW YORK: Oil prices slipped more than $1 a barrel on Monday, after the world’s top producers delayed a meeting to discuss output cuts that could partly alleviate oversupply in global markets as the coronavirus pandemic pummels demand. Brent crude

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Oil rises in short term even there is fear COVID-19 spreads

TOKYO: Crude prices edged up today as investors covered short positions after three sessions of losses, even as fears deepened that the rapid spread of the coronavirus will lead to a global pandemic. Brent crude rose 42 cents, or 0.8%,

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