Oil prices hold ground after OPEC lowers demand outlook, China stimulus limit gains
(Reuters) -Oil prices steadied on Tuesday, recovering from a 5% drop over the previous two sessions, as investors absorbed OPEC's latest downward revision for oil demand and market's disappointment over China's latest stimulus plan. Brent crude futures ...
Oil crashes over 2% on disappointing China stimulus; Brent drops below $73
Oil prices decreased by 2% on November 11 following a lackluster stimulus from China, with Brent crude at $72.04 and US WTI at $68.47.
Oil Prices Steady Ahead of OPEC Report, China Stimulus Limit Gains
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ($1.40 trillion) debt package to ease local government financing strains, but analysts said it fell short of the amount of stimulus that would be needed to boost growth.
U.S. oil benchmark settles below $70 a barrel on China stimulus disappointment
Oil futures settled at their lowest in nearly two weeks Monday following disappointing economic data from China, the world’s largest crude importer, and expectations for higher U.S. production once President-elect Donald Trump takes office.
U.S. crude oil sinks below $70 as China's latest stimulus disappoints
Crude oil futures slid to their lowest in nearly two weeks Monday following disappointing economic data from China, the world's largest crude importer, and expectations for higher U.S. production when President-elect Trump takes office.
Crude oil prices today: WTI is trading at $68.42
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
Brent Crude Stumbles As Market Sentiments Turn Cautious
Brent crude oil prices have continued to slip, touching 71.74 USD a barrel on Tuesday. This marks a downturn influenced by ...
WTI, Brent oil futures settle at their lowest in nearly 2 weeks
Oil futures finished lower on Monday, with U.S. and global benchmark prices at their lowest in almost two weeks. Crude prices are facing headwinds from "f ...
Brent Crude - Oil Prices Rise As OPEC+ Extend Output Cuts
Oil prices opened $1 dollar higher following the weekend to trade at 73.80 a barrel when markets opened. Click to read.
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Oil prices hold their ground after falling on China stimulus
awaiting further price direction from OPEC's monthly report after China's stimulus plan and oversupply concerns took the ...
Trump's victory may pressure oil prices through 2025, Citi says
Citi forecasted on Wednesday that U.S. President-elect Donald Trump's second term could exert downward pressure on oil ...
Nymex Overview: Crude, RBOB Futures Largely Unchanged in Early Trade -- OPIS
The small movements in gasoline futures mean that prices remain relatively flat in most spot markets OPIS follows around the U.S. Chicago Comprehensive November Cycle 2 CBOB, however, was seeing gains ...
Oil Prices Drop After Trump Victory
Oil prices fell as Donald Trump secured the presidency. Brent, the global benchmark for crude oil, fell nearly 2% to trade a ...
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Brent tumbles below $72 per barrel
Front-month January 2025 Brent futures were trading at $71.87 per barrel ... revealing that consumer price growth ...
Oil Extends Losses on Stronger Dollar, China Pessimism
Oil prices lost further ground in early trade on a stronger dollar and pessimism over Chinese demand growth. Brent crude traded 1.4% lower to $72.86 a barrel, while WTI fell 1.6% to $69.26 a barrel.