Oil prices were muted on Thursday as hawkish comments from Federal Reserve officials supported the dollar and brewed some concerns over more interest rate hikes,…
View More Oil Cools After 3-Day Rally Amid Fed Uncertainty, U.S. inventory Build
Category: oil
Crude Oil Lower; Monthly Demand Reports in Focus
Oil prices fell Monday, consolidating after last week’s strong gains ahead of the release of demand forecasts from the OPEC and the IEA as well…
View More Crude Oil Lower; Monthly Demand Reports in Focus
Oil Prices Dip as industry Data Shows Massive Build in U.S. Inventories
Oil prices fell on Wednesday after industry data pointed to a large weekly build in U.S. crude stockpiles, although losses were limited by the prospect…
View More Oil Prices Dip as industry Data Shows Massive Build in U.S. Inventories
Oil Prices Rebound on China Reopening Optimism, Easing Fed Fears
Oil prices rose on Monday, recovering a measure of recent losses as investors bet that an economic reopening in China and a less hawkish rhetoric…
View More Oil Prices Rebound on China Reopening Optimism, Easing Fed Fears
Oil rally Stalls on Weak Chinese Data, Uncertainty Over OPEC Cut
Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude importer China, while markets also…
View More Oil rally Stalls on Weak Chinese Data, Uncertainty Over OPEC Cut
Oil Surges As Speculation Over OPEC Cut Outweighs China concerns
Oil prices jumped on Tuesday as traders bet that recent weakness in the market will invite more supply cuts by the OPEC, while anti-government protests…
View More Oil Surges As Speculation Over OPEC Cut Outweighs China concerns
Oil Rises on Saudi Supply Signals, But Demand Fears Cap Gains
Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries (OPEC), although concerns over slowing…
View More Oil Rises on Saudi Supply Signals, But Demand Fears Cap Gains
Oil Sinks Further as China COVID Concerns outweigh Tightening Supply
Oil prices fell further on Thursday as increasing COVID-19 cases in China brewed more doubts over slowing crude demand, even as data showed U.S. inventories…
View More Oil Sinks Further as China COVID Concerns outweigh Tightening Supply
Oil Extends Gains on China reopening Hopes, Tightening Supply
Oil prices rose on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost the country’s crude demand, while…
View More Oil Extends Gains on China reopening Hopes, Tightening Supply
Oil prices rise as weaker dollar offsets China COVID-19 concerns
Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked…
View More Oil prices rise as weaker dollar offsets China COVID-19 concerns