Stock Market logoStock Market Station

All the stock market news, every minute updated!

19 June 2021
06:12 hour

Oil edges lower as COVID-19 restrictions in Asia fuel demand concerns

Investing.com

17/05/2021 - 04:35


READ THE FULL ARTICLE ON INVESTING.COM

Related headlines:

  1. Futures Movers: Oil edges lower as worries grow over demand outlook (03/05/2021 - Market Watch)
    Oil futures edge lower in choppy trade Monday as COVID-related fears over the demand outlook remain in focus.
    [visit article]
  2. Futures Movers: Oil edges lower as rising COVID infections outside U.S. stir demand worries (19/04/2021 - Market Watch)
    Oil futures edge lower Monday, with weakness tied to rising COVID-19 infections outside the U.S.
    [visit article]
  3. Futures Movers: Oil edges lower as traders focus on U.S. gasoline demand (06/05/2021 - Market Watch)
    Oil futures trade lower Thursday, extending the previous session's decline, as investors weigh disappointing data on U.S. gasoline usage and keep an eye on surging COVID-19 infections in India.
    [visit article]
  4. Metals Stocks: Gold edges lower as dollar bounces (11/06/2021 - Market Watch)
    Gold futures edge lower Friday, losing ground as the U.S. dollar edges higher.
    [visit article]
  5. Metals Stocks: Gold edges lower as dollar bounces (11/06/2021 - Market Watch)
    Gold futures edge lower Friday, losing ground as the U.S. dollar edges higher.
    [visit article]
  6. Asia Markets: China stocks climb, but Taiwan equities tumble as rising COVID-19 cases force fresh restrictions (17/05/2021 - Market Watch)
    Global equities kicked off trading on Monday with a mixed session in Asia. Taiwan stocks took a hit from fresh pandemic restrictions, while Chinese stocks gained.
    [visit article]
  7. Futures Movers: Oil edges lower, with Brent hovering near $70 a barrel (12/03/2021 - Market Watch)
    Oil futures edge lower Friday, pulling back modestly after a rally led by optimism over gasoline demand helped push the global benchmark to its highest close since May 2019.
    [visit article]
  8. Futures Movers: Oil prices trade mixed Friday but moves are slight (09/04/2021 - Market Watch)
    Oil futures trade mixed early Friday, with U.S. oil showing slight gains while the international benchmark Brent edges lower, amid concerns about growing supply and weakening appetite for energy as global cases of COVID were rising abroad.
    [visit article]
  9. Demand for arhar remains subdued amid restrictions (29/04/2021 - Financial Express)
    Nitin Kalantri, a pulse trader from Latur, said prices are on the higher side due to a decline in production. “There is no demand in the market due to restrictions and supply is also on the lower side. The market is likely to remain subdued until the second week of May.
    [visit article]
  10. Futures Movers: Oil edges lower ahead of official U.S. inventories data (26/05/2021 - Market Watch)
    Oil futures edge lower Wednesday as investors assess the demand outlook. U.S. data on inventories is due later Wednesday.
    [visit article]
  11. Futures Movers: Oil edges lower ahead of U.S. official inventories data (26/05/2021 - Market Watch)
    Oil futures edge lower Wednesday as investors assess the demand outlook. U.S. data on inventories is due later Wednesday.
    [visit article]
  12. Commodities Corner: Diesel demand charges ahead, as gasoline, jet fuel look to play a slow game of catch up (12/02/2021 - Market Watch)
    Demand for diesel has returned to pre-pandemic levels, but the recovery for gasoline and jet fuel consumption has been less impressive, highlighting the challenges ahead for the transportation fuel sector—as well as the U.S. economy.
    [visit article]
  13. Covid concerns prevail but Chris Wood remains bullish on India; increases weightage in Asia portfolio (30/04/2021 - Financial Express)
    Seeing the strength in domestic stock markets, Chris Wood of Jefferies has decided to increase India's weightage in his Asia Pacific portfolio.
    [visit article]
  14. Futures Movers: Oil prices lower on global COVID worries, U.S. inventories (21/04/2021 - Market Watch)
    Oil futures trade lower Tuesday as traders grapple with rising COVID-19 infections in Asia, while awaiting official data on U.S. crude inventories after a trade group reported an unexpected rise in stocks.
    [visit article]
  15. Stable property prices, NRI demand fuel demand for luxury housing (03/03/2021 - Financial Express)
    Luxury homes continue to show good momentum even during Covid times. Here's why.
    [visit article]
  16. Futures Movers: Oil edges higher but heads for weekly loss on global COVID worries (23/04/2021 - Market Watch)
    Oil futures edge higher Friday, but remain on track for weekly declines as worries about a surge in COVID-19 cases in India and other countries contribute to worries over the demand outlook.
    [visit article]
  17. Coronavirus Update: As Europe relaxes COVID-19 restrictions and U.S. cases fall, India sets one-day record for deaths as Asia remains hot spot (19/05/2021 - Market Watch)
    The uneven state of the pandemic across the world was on full display Wednesday, with India setting a global record for one-day fatalities, while the U.S. reported continued declines in cases and deaths and the European Union said it would open its borders to vaccinated travelers after months of restrictions.
    [visit article]
  18. Coronavirus Update: As Europe relaxes COVID-19 restrictions and U.S. cases fall, India sets one-day record for deaths as Asia remains hot spot (19/05/2021 - Market Watch)
    The uneven state of the pandemic across the world was on full display Wednesday, with India setting a global record for one-day fatalities, while the U.S. reported continued declines in cases and deaths and the European Union said it would open its borders to vaccinated travelers after months of restrictions.
    [visit article]
  19. Oil inches lower on concerns over COVID-19 surge in India, Japan (26/04/2021 - Investing.com)

    [visit article]
  20. Reimagining India’s role in South Asia -The China Factor (15/02/2021 - Financial Express)
    There is an ongoing churn in South Asia and the pandemic provides a propitious window for South Asian countries to abandon traditional concerns and take collaborative action.
    [visit article]
  21. Oil edges lower as salvage operation in Canal goes on (29/03/2021 - Investing.com)

    [visit article]
  22. Business uncertainty edges lower in March (24/03/2021 - Seeking Alpha)

    [visit article]
  23. Europe Markets: European stocks edge lower amid rise in Asian virus cases (17/05/2021 - Market Watch)
    European stocks edged lower on Monday, as investors weighed signs that COVID-19 infections are continuing to spread in Asia, even as fears about inflation appear to have subsided.
    [visit article]
  24. Futures Movers: Oil edges lower as traders await U.S. storage data (03/06/2021 - Market Watch)
    Oil futures edge lower Thursday, pulling back from the highest closes for both Brent and West Texas Intermediate crude in more than two years.
    [visit article]
  25. Oil drops as rising stockpiles compound COVID-19 demand concerns (16/03/2021 - Investing.com)

    [visit article]
  26. U.S. drilling rig count edges lower by 1, Baker Hughes says (23/04/2021 - Seeking Alpha)

    [visit article]
  27. Dollar Edges Lower; Global Optimism Rises (16/02/2021 - Investing.com)

    [visit article]
  28. Fuel taxes debate: Raj dharma or opposition dharma? (25/02/2021 - Financial Express)
    The price of lower fuel taxes is losing revenue that funds welfare projects. The poor will lose from any move to cut fuel taxes
    [visit article]
  29. Futures Movers: Oil prices slip on concerns about oil demand and rise in gasoline stocks (08/04/2021 - Market Watch)
    Oil prices headed modestly lower Thursday morning, with the commodity's retreat being attributed, at least partly, to a delayed reaction to a bigger-than-expected increase in U.S. gasoline stocks, which suggests slack in energy demand.
    [visit article]
  30. Metals Stocks: Gold edges lower as traders look for catalyst (25/03/2021 - Market Watch)
    Gold futures edge lower in choppy trade Thursday as investors awaited for a catalyst to break the precious metal out of its trading range.
    [visit article]
  31. Metals Stocks: Gold edges lower ahead of Fed decision (17/03/2021 - Market Watch)
    Gold futures edge lower as investors await the outcome of a Federal Reserve meeting that isn't expected to result in policy changes, but will be combed for clues to the path of interest rates and asset purchases.
    [visit article]
  32. Moderna plans to produce COVID-19 vaccine in Asia - Nikkei Asia (21/05/2021 - Seeking Alpha)

    [visit article]
  33. Oil edges up on weak dollar; investors weigh rising supplies, demand outlook (09/04/2021 - Investing.com)

    [visit article]
  34. Futures Movers: Oil edges lower after U.S. benchmark touches $70 a barrel (07/06/2021 - Market Watch)
    Oil futures edge lower Monday after the U.S. benchmark touched the $70-a-barrel threshold for the first time since October 2018.
    [visit article]
  35. Futures Movers: Oil prices under renewed pressure on fears rising COVID cases will dent demand (25/03/2021 - Market Watch)
    Crude futures trade lower Thursday, as worries over rising COVID cases in major oil-consuming countries outside the U.S. spur worries over the energy demand outlook.
    [visit article]
  36. Tesla edges past Wall Street revenue target, boosted by regulatory credits, China demand (26/04/2021 - Investing.com)

    [visit article]
  37. Futures Movers: Oil pushes higher as U.S., Europe ease COVID restrictions (04/05/2021 - Market Watch)
    Oil rises Tuesday as investors focus on the lifting of COVID-related restrictions in the U.S. and Europe.
    [visit article]
  38. COVID vaccination rates slow, office occupancy rate edges up (09/05/2021 - Seeking Alpha)

    [visit article]
  39. New Covid surge may upend fuel demand recovery (19/04/2021 - Financial Express)
    After Maharashtra, Delhi and Rajasthan have imposed limited period lockdowns, which will impact travel and business activity. Other states have implemented curfews at different times of the day and of varying durations.
    [visit article]
  40. Microfinance, unsecured SME loan pools to face most stress if lockdowns turn more severe: ICRA (25/04/2021 - Financial Express)
    Credit and Finance for MSMEs: While Covid cases continue to explode in April even as state governments have been mounting restrictions to arrest the jump, concerns over the asset quality of retail loans of non-banking financial companies have been raised.
    [visit article]
  41. Covid year ends on a positive note; steel demand adequate (07/04/2021 - Financial Express)
    India consumed 93.4MT of steel in FY21, 6.7% lower than the pre-Covid year. It is likely that real consumption may be revised to around 95MT when final figures are compiled.
    [visit article]
  42. What would be the best stocks to invest in for this supposed fuel shortage (13/05/2021 - Reddit Stocks)
    I am curious of what people believe are the best stocks to invest in for this supposed fuel shortage that is here/about to be here? BP would be my first pick because: A) it is a good short term play for the fuel shortage due to supply and demand B) they have a lot vested in green hydrogen production Would there be any other stocks to invest in for this short term situation?   submitted by   /u/Dynasty__93 [link]   [comments]
    [visit article]
  43. Covid-19: Maharashtra govt imposes new restrictions; check what is allowed and what is not (21/04/2021 - Financial Express)
    The new restrictions under the government's `Break-the-Chain' program will come into effect from Thursday 8 pm and will remain effective till 7 am on May 1.
    [visit article]
  44. Metals Stocks: Gold edges higher after snapping 3-week skid (15/03/2021 - Market Watch)
    Gold edges higher Monday after posting its first winning week in four.
    [visit article]
  45. Bloomberg: VW Taps Skoda for Expansion Push in Elusive Emerging Markets (VOW, VWAGY) (03/04/2021 - Reddit Stocks)
    VW Taps Skoda for Expansion Push in Elusive Emerging Markets Excerpt: VW’s most profitable mass-market brand is freeing up funds for investments in India or Southeast Asia as well as shifting its lineup toward electric cars, Chief Executive Officer Thomas Schaefer said in a phone interview. Skoda has overhauled its Indian operations after calling off cooperation plans with Tata Motors Ltd. and is nearing a decision on building a factory in Southeast Asia. Also: A decision on a factory in Southeast Asia could be made this year after discussions faced delays from travel restrictions triggered by the Covid-19 pandemic. Japanese and South Korean manufacturers dominate in the region. And: Skoda has revamped its lineup in India with new sedans and the Kushaq SUV, after selling just over 10,000 cars last year in the market that’s dominated by Maruti Suzuki and Hyundai.   submitted by   /u/Torlek1 [link]   [comments]
    [visit article]
  46. Asia Markets: Asian stocks rise, but Nikkei softer as Japan’s COVID-19 cases climb (08/04/2021 - Market Watch)
    Shares were mostly higher in Asia on Thursday though Tokyo’s benchmark declined as reports of rising coronavirus cases raised alarm over another setback in the recovery from the pandemic.
    [visit article]
  47. EuroNav..Blue chip post Covid super tanker play at 75pct of book vlaue (19/04/2021 - Reddit Stocks)
    EURN is ridiculously undervalued blue chip supertanker company paying over 15pct div ;selling at 75pct of book value and should continue to ride the post Covid rebound. Euronav Sees Demand for Supertankers Rising As Oil Output Ramps Up -- Market Talk April 16, 2021 Belgian tanker owner Euronav NV says that dozens of new supertankers must be deployed over the coming years as oil demand and production ramp up after the Covid-19 imposed restrictions give way. Oil production from OPEC members is expected to increase by up to four million barrels a day later this year and the US EIA expects oil demand to grow by 5.6 million barrels per day in 2021 and another 3.3 million next year, which implies consumption will be back to pre pandemic levels at above 100 million barrels per day in 2022. "This would of course underpin a recovery in demand for tankers, potentially adding demand for 80 VLCCs on the Middle East-China route alone," Euronav said. Ship brokers say the extra production could push daily freight rates for very large crude carriers to more than $30,000 from around $8,000 now. 0 CommentsShareEdit PostSaveHide   submitted by   /u/Pietro405 [link]   [comments]
    [visit article]
  48. Amid escalating COVID-19 cases, many countries impose travel restrictions to and from India (21/04/2021 - Financial Express)
    From opening air bubbles since the first COVID-19 wave to now being red-listed by many countries as the second wave hits, India is now facing outbound travel restrictions.
    [visit article]
  49. : FDA says J&J’s COVID-19 vaccine has no ‘specific safety concerns’ (24/02/2021 - Market Watch)
    The Food and Drug Administration said that Johnson & Johnson's single-dose COVID-19 vaccine candidate has no unexpected safety concerns, in a step that moves the experimental vaccine one step closer to emergency authorization.
    [visit article]

For more information mailto [email protected]. Disclaimer.