U.S. oil gained 48 cents, or 1.5%, to $24.03 a barrel, after a decline of nearly 2% in the previous session.

Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.

The economic impact of the Covid-19 has ripped through the oil industry in dramatic phases.

Oil has tanked in recent weeks on the back of collapsing demand, as COVID-19 slams the brakes on economic activity and the world's appetite...

US West Texas Intermediate (WTI) crude was down 66 cents, or 2.1 per cent, at $30.84 after falling more than $1 earlier.

Analysts said this suggests oil players are uncertain about the demand for crude oil amid the coronavirus outbreak.

In London morning deals, Brent North Sea crude dived to $47.02 per barrel, the lowest levels since July 2017.

US West Texas Intermediate (WTI) was down 42 cents, or 0.9 per cent, at $45.48 per barrel.

Russia has so far signalled it might be willing to agree to extending existing cuts, which expire in March, but might find it difficult to ...

West Texas Intermediate (WTI) crude futures fell 73 cents, or 1.6 per cent, to $56.36 per barrel.

Brent crude was down $1.06, or 2 per cent, at $52.37 a barrel at 1011 GMT.

West Texas Intermediate (WTI) futures fell by 80 cents, or 1.6 per cent, to $47.93 a barrel.

BPCL eyes cheaper crude as Coronavirus hits Chinese “The Corona virus has disrupted crude oil prices and China has rejected a lot of crude ...

US West Texas Intermediate crude gained 43 cents, or 0.9 per cent, to $50.33 a barrel.

West Texas Intermediate (WTI) crude futures climbed 49 cents, or 0.9 per cent, to $53.78 per barrel.

Oil demand growth is languishing, and the market will closely watch what Russia does next.

Refining margins continued to remain under pressure, suggesting weak global demand for oil.