US
Riyadh makes deepest monthly price cuts to supply for Asia in five months
Head for biggest weekly drop since June on demand concerns
Sluggish economic recovery from Covid-19 pandemic dent sentiments
US crude stocks fall by 6.4m barrels, manufacturing activity expands
US dollar falls to lowest level in over two years against basket of currencies
Brent crude set to close August with fifth successive monthly price rise
Prices shrug off US crude inventory declines, improving gasoline demand
Renewed worries about Covid-19 infections threaten further recovery in oil demand
Producers have shut more than 1.5m bpd of Gulf coast offshore oil production
Energy companies shut more than 1m bpd of offshore oil production in US Gulf of Mexico