Oil is heading to record weekly gains of about 4%
Price action Brent crude futures fell 25 cents, or 0.3 percent, to $85.17 per barrel by 0533 GMT, after exceeding ...
Tag: Oil contracts
Brent crude exceeds $92 amid concerns about demand
The Organization of the Petroleum Exporting Countries (OPEC) stuck to its expectations of strong growth in global oil demand in ...
Oil incurred losses for the second week in a row
In addition, US Federal Reserve Chairman Jerome Powell said that the flexibility of the US economy may prompt the Fed ...
Oil prices rise amid dollar decline and China’s pledges to stimulate consumption in the world’s second largest economy
Data from the Energy Information Administration showed, on Wednesday, that US crude stocks fell by 708 thousand barrels last week ...
Oil prices rose, driven by a more-than-expected decline in US crude inventories
US Energy Information Administration data revealed that oil inventories decreased by 9.6 million barrels in the latest week, to 453.7 ...
Oil jumped 3 percent thanks to strong data from China and a weak dollar
Brent crude futures rose $2.47, or 3.4 percent, to $75.67 a barrel upon settlement. US West Texas Intermediate crude also ...
Oil jumps after the decline in US inflation and China’s rate cut
The interest rate cut, which aims to support a stalled recovery from the pandemic in the world's second-largest economy and ...
Oil prices fell amid anticipation of the Energy Information Administration data on US oil inventories
In a possible sign of weak demand, US crude stocks rose by about 3.6 million barrels in the week ending ...
The stability of oil prices after sharp declines in yesterday’s trading, and the markets are awaiting the US Federal Reserve’s decision
The two benchmarks closed at their lowest levels since March 24 in the previous session, in which they also recorded ...
Oil prices are falling amid concerns about the impact of US interest rate hikes and weak Chinese manufacturing data
With regard to the data affecting the market, US consumer spending stabilized in March, as the decline in spending on ...
