Oil dips on oversupply concerns, heads for weekly loss
Oil prices edged down early on Friday as oversupply concerns and demand worries stemming from a stronger dollar outweighed a steep draw in U.S. fuel stocks.
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.
Oil Pressured by Fading U.S. Supply Threats, Chinese Stimulus Disappointment
Oil edged higher but prices remained under pressure as supply risks due to Hurricane Rafael eased and markets were left disappointed by China’s debt package.
Oil slips on China stimulus concerns, oversupply outlook
Oil prices eased on Tuesday as investor disappointment over China's latest stimulus plan and oversupply concerns weighed on the market, along with a stronger dollar. Brent crude futures fell 17 cents,
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.
Oil Falls; China Concerns Weigh
Oil prices were lower in early Asian trade. The market remains concerned about the effects of Trump’s promised tariffs on China’s economic growth, as it may crimp oil demand, ANZ said.
Oil prices hold their ground after falling on China stimulus
Oil prices were little changed in early trading on Tuesday, awaiting further price direction from OPEC's monthly report after China's stimulus plan and oversupply concerns took the wind out of markets in prior sessions.
U.S. crude oil edges higher but closes below $69 as large surplus expected next year
UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world's largest crude importer.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back From Session Highs As Traders Focus On EIA Data
WTI oil moved away from session highs as traders reacted to the EIA report, which showed that crude inventories increased by ...
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Oil settles slightly higher, investors focus on steep draw in fuel stocks
Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...
Oil dips on bigger-than-expected US crude stockbuild, oversupply concerns
Oil prices edged lower on Thursday, as rising U.S. crude inventories added to concerns of oversupply, while the dollar's ...
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Brent crude oil price drops 5%, silver 13% from recent highs while wheat price stabilises
The Brent crude oil front month futures price has fallen by over 5% from last week’s 76.13 high which was made right ...
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 ...
Oil Pressured by Stronger U.S. Dollar, Demand Worries
Oil prices edged lower in early European trading, pressured by a stronger U.S. dollar and a gloomy demand outlook. Brent crude and WTI are both down 0.4% at $72.02 and $68.14 a barrel, respectively.
Crude prices rise as upside momentum may continue on supply risks
Oil prices pared losses from earlier in the session to trade higher on near-term supply risks as market looks to maintain ...
EIA lowers 2025 oil-price forecasts on expectations for output growth
The Energy Information Administration lowered its 2025 forecasts for U.S. and global benchmark crude-oil prices, citing an ...
Exxon Mobil Stock Out Of Gas?
The company saw its YTD earnings double so far this year from what they were in the same period of 2019 on a constant-price ...
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 ...