Crude has alternated between weekly gains and losses since mid-October, with traders weighing tensions in the Middle East, OPEC+ supply policy, and risks to demand growth, especially in China.
Crude oil price parred some of its losses on Wednesday’s trade while remaining close to the one-month low hit about two weeks ...
The oil market shook off early weakness that had pulled U.S. and global benchmark prices to their lowest intraday levels in about two weeks one day after a downgrade in global demand growth ...
Oil rebounded on Wednesday on short-covering after prices fell near a two-week low in the prior session on Opec’s demand ...
U.S. and global crude-oil prices on Wednesday touched their lowest levels in about two weeks, a day after OPEC+ lowered expectations for global demand growth. Trade ...
0116 GMT – Oil prices are mixed in early Asian trade ... Front-month WTI crude oil futures are 0.1% lower at $68.06/bbl; front-month Brent crude oil futures are flat at $71.87/bbl. ([email protected] ...
Oil prices have risen slightly due to tightening supply conditions, despite concerns about weakening global demand, ...
On Tuesday, OPEC, in its monthly report, cut its forecast for growth in global oil demand by 107,000 barrels a day in 2024 to 1.8 million barrels a day, or mbd, citing updated data for the first three ...
Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed OPEC's latest downward revision for demand growth, a stronger U.S. dollar and ...
Oil prices were edging higher in early trade but still face significant downward pressure. There is little to alleviate ...
Brent crude oil prices have continued to slip, touching 71.74 USD a barrel on Tuesday. This marks a downturn influenced by ...