Oil prices rose on Wednesday, recovering a measure of sharp losses from the prior session, although fears of a global recession and signs of another major build in U.S. inventories kept gains limited. Crude prices have fallen into a holding pattern over the past month, with markets constantly weighing the prospect of slowing global economic […]
Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery Read more
Oil hovered near a one-year low on Wednesday as increasing concerns over U.S. economic health and the Federal Reserve largely Read more
Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude Read more
Oil prices fell slightly on Wednesday as investors awaited more clarity on a potential Russian missile strike against Poland, while Read more
Oil hovered near a one-year low on Wednesday as increasing concerns over U.S. economic health and the Federal Reserve largely offset positive supply-side signals from a bigger-than-expected draw in crude inventories. A growing number of Wall Street banks warned of a potential recession in 2023, especially if interest rates keep rising and if inflation proves […]
Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery Read more
Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude Read more
Oil prices fell slightly on Wednesday as investors awaited more clarity on a potential Russian missile strike against Poland, while Read more
Oil prices rose on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost Read more
Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in the world’s largest crude importer, while the outlook for demand was also dimmed by the prospect of higher U.S. interest rates A private survey showed that China’s massive services sector shrank for a second straight […]
Oil prices fell in choppy trade on Tuesday and nursed steep losses this week as weak economic data from China Read more
Oil prices rose on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost Read more
Oil prices fell on Friday after a warning on economic growth from the Federal Reserve, but were still set to Read more
U.S. stock futures were trading lower during Sunday’s evening trade, after major benchmark indices finished the holiday shortened week higher Read more
