#coronavirusresurgence

Oil prices climbed on Wednesday after U.S. crude inventories fell against analysts  expectations, prompting a boost in the market amid the coronavirus resurgence. Brent crude futures gained 0.3%,

Oil prices fell on Monday as a surge in coronavirus cases and the escalating U.S.-China tensions prompted a safe-haven bid. Brent crude slid 0.2%, or 8 cents, at $43.26 per barrel. U.S. West Texas Intermediate

Oil prices steadied on Tuesday, stuck in narrow ranges as investors pinned hopes on fuel demand recovery amid renewed lockdowns due to rising coronavirus cases. Prices were supported by positive news on

Oil prices fell on Monday on fears that a continued rise in coronavirus cases could stall fuel demand recovery.  Brent crude fell 0.2%, or 10 cents, at $43.04 per barrel. U.S. oil also lost 0.2%,

The dollar firmed against its peers as concerns that a resurgence of the coronavirus will restrict economic activity lifted the safe-haven demand for the U.S. currency. The yuan suffered declines in the

Oil prices steadied on Friday as the market was filled with uncertainty on fuel demand recovery. This came after coronavirus cases continued to surge while major oil producers began to loosen output cuts.

Oil prices fell in early Wednesday trade as a build in U.S. crude inventories and a forecast for U.S. crude production to fall less than expected added to oversupply concerns. Brent crude futures lost