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
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
Oil Prices Rose Further On Tuesday As Markets Positioned For The Biggest Supply Cut By OPEC Since The 2020 COVID Crisis, With Weakness In The Dollar Also Helping. London-traded Brent oil futures, the global benchmark, rose 0.6% to $89.28 a barrel, while West Texas Intermediate crude futures rose 0.2% to $83.82 a barrel. Both contracts […]
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 on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost Read more
European stock markets edged higher Monday, with sentiment boosted by China’s decision to fully reopen its borders as well as Read more
U.S. stock futures were trading higher during Monday’s evening deals, with market participants looking ahead to a busy week of Read more
