Oil up more than 2% in week ending July 7 over supply woes Oil up more than 2% in week ending July 7 over supply woes By admin on July 7, 2023 Prices set for 2nd straight weekly gain after renewed hopes of demand rebound in US, despite fears over trajectory of global economy
Oil prices rise with demand uptick from US Oil prices rise with demand uptick from US By admin on July 7, 2023 Price increases are curbed with concerns over tighter monetary policy and rise in interest rates
Oil up after ‘attempted armed rebellion’ in Russia prompts supply fears Oil up after ‘attempted armed rebellion’ in Russia prompts supply fears By admin on June 26, 2023 Uncertainties around monetary policies of major economies limiting further price upticks
Oil prices fall as banks signal further interest rate hikes Oil prices fall as banks signal further interest rate hikes By admin on June 23, 2023 Concerns of economic slowdown and decline in oil demand put downward pressure on oil prices
Oil prices climb marginally as traders cash in on low prices Oil prices climb marginally as traders cash in on low prices By admin on June 13, 2023 Markets now await US consumer inflation data on Tuesday and interest rate decisions by top central banks
Oil down over fears on low global demand after weak Chinese import data Oil down over fears on low global demand after weak Chinese import data By admin on June 7, 2023 US Secretary of State Antony Blinken visits Saudi Arabia as OPEC+ oil production cut strains markets
Oil prices up with approval of US debt ceiling Oil prices up with approval of US debt ceiling By admin on June 6, 2023 Price rises tempered by market uncertainty ahead of OPEC+ ministerial meeting on Sunday where experts predict group will keep next production level unchanged
Oil falls as recession woes overshadow Saudi-driven supply fears Oil falls as recession woes overshadow Saudi-driven supply fears By admin on June 6, 2023 Weak US services sector data strengthens lingering expectations of recession in world’s largest oil-consuming country
Oil down on persistent demand woes due to pending US debt deal Oil down on persistent demand woes due to pending US debt deal By admin on May 30, 2023 Investors will focus on OPEC+ meeting this week amid expectations of possible output cuts
Oil up over weaker dollar amid uncertainties of OPEC+ next output move Oil up over weaker dollar amid uncertainties of OPEC+ next output move By admin on May 27, 2023 Cheaper crude oil for non-dollar holders, thanks to a weaker US dollar, encourages greater crude trade