Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery in Chinese demand this year largely offset fears that a global economic slowdown will dent crude markets. Markets are betting on a strong boost to the Chinese economy from the week-long Lunar New Year holiday, […]
Oil prices fell on Wednesday after industry data pointed to a large weekly build in U.S. crude stockpiles, although losses Read more
Oil Prices Rose Further On Tuesday As Markets Positioned For The Biggest Supply Cut By OPEC Since The 2020 COVID Read more
Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries 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
Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China weighed on sentiment, while the Japanese yen gained on bets that the Bank of Japan (BoJ) could eventually tighten policy amid rising inflationary pressures. The yen rose 0.4% to 136.18 against the dollar after a report […]
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 rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries 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
Japan's foreign reserves extended declines in October, following the previous month's record drop, the Ministry of Finance said on Tuesday, Read more
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 speculated over whether the OPEC’s last meeting for the year will result in a supply cut. Chinese manufacturing activity- a bellwether for the economy- weakened substantially in November, official and […]
Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery Read more
Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China weighed Read more
Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries 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 rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries (OPEC), although concerns over slowing demand in China and a potential U.S. recession kept gains muted. Crude markets reversed sharp losses in a volatile session on Monday after Saudi Arabia, the leader of the OPEC […]
Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery Read more
Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China weighed 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 rose on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost Read more
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 looming curbs on Russian oil shipments also appeared set to tighten supply Crude prices closed last week lower, but rallied sharply on Friday after China said it will loosen some […]
Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery Read more
Oil Prices Rose Further On Tuesday As Markets Positioned For The Biggest Supply Cut By OPEC Since The 2020 COVID Read more
Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries Read more
Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in Read more
