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Oil Prices Rangebound As Markets Await China, U.S. Economic Cues0
- Uncategorized
- February 28, 2023
Oil prices moved in a small range on Tuesday as traders awaited more cues from Chinese and U.S. business activity readings due this week, although fears of rising interest rates and slowing economic growth saw markers nursing steep losses. Crude markets cut short a three-day gaining spree on Monday as markets reassessed their outlook for
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OIL SLIPS FROM 1-MONTH HIGH AS WEAK CHINESE DATA FUELS DEMAND FEARS0
- Market, Stock Market
- October 10, 2022
Oil fell on Monday as an unexpected contraction in China’s service sector fueled fears of slowing demand, although an OPEC supply cut and the prospect of more disruptions in Russia kept prices pinned near a one-month high London-traded Brent oil futures fell 0.7% to $97.73 a barrel, while U.S. West Texas Intermediate crude futures fell
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OIL PRICES RISE TO NEAR $90 AS OPEC CUT LOOMS0
- Market, Stock Market
- October 4, 2022
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
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OIL PRICES RISE TO NEAR $90 AS OPEC CUT LOOMS
- Market, Stock Market
- October 4, 2022
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