Saudi Arabia raised its main oil prices for buyers in Asia amid heightened volatility in the crude market as traders watch developments in the West Asia conflict.

Saudi Arabia Raises Asia Oil Price as Volatility Grips Market

Oil prices slipped on Thursday, reversing early gains under pressure from rising COVID-19 infections in India and elsewhere although prices retained some support from a report the previous session that showed US crude inventories fell much more sharply than expected.

Oil prices slip on worries of pandemic surge in India

Oil prices fell more than 1% on Monday, extending losses of over 3% from Friday when crude markets slipped to their biggest monthly losses in six months amid stalling demand and as trade wars fanned fears of a global economic slowdown.

Oil prices extend drops as trade wars fan fears in financial markets

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