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Whats Affecting Oil Prices This Week? (Nov. 16, 2020)
2020-11-16 19:00:00| OGI
There are three additional variables which oil markets are not used to deal with in the fourth quarter: the current infections uptick in Europe, the U.S. presidential transition and announcements about new vaccines, all of them adding bearish or bullish pressure to prices over the next few months.
Oil Prices Soar 8% on Promising COVID-19 Vaccine Results
2020-11-09 21:30:00| OGI
Oil prices surged about 8% on Nov. 9, its biggest daily gain in more five months, after Pfizer announced promising results for its COVID-19 vaccine.
Tags: results
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promising
Whats Affecting Oil Prices This Week? (Nov. 9, 2020)
2020-11-09 19:00:00| OGI
An extra bucket of cold waterthe Convent refinery shutdown in Louisiana by Shell is more meaningful than it seems, Stratas Advisors says in its latest oil price forecast.
Oil Prices Rise with Brent Topping $40 as Joe Bidens Win Buoys Risk-taking
2020-11-09 11:10:00| OGI
"Oil prices surged on Monday benefiting from a risk-on stance and a weaker U.S. dollar driven by Joe Biden becoming president-elect," said Giovanni Staunovo, oil analyst for UBS.
Oil Prices Rise after Trump Falsely Claims Victory in Tight US Election
2020-11-04 11:45:00| OGI
A victory by Donald Trump is viewed as bullish for oil because of sanctions on Iran and his support for Saudi-led OPEC oil cuts to support prices while a victory by his rival Joe Biden would be seen as bearish.
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