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Oil Price
Oil Gains as Cooling US Inflation Points to Possible Easing
Oil prices rose on Monday as lower-than-expected US inflation data revived hopes for further policy easing, although the outlook for a supply surplus next year …
Oil Price
Oil Prices Mixed; Traders Digest Differing Central Bank Signals
Oil prices traded in a mixed fashion Thursday, with the WTI contract pressured by the strong dollar in the wake of the hawkish note emanating from the Federal R…
Oil & Gas Trade
Oil Prices up With Fed Rate Cut Hopes, Us Demand Surge
Oil prices increased on Wednesday ahead of a possible rate cut decision from the US Federal Reserve (Fed) and data indicating a rise in oil demand in the US, th…
Crude Oil
Oil Holds Weekly Gain After US Signals Tighter Russia Sanctions
Oil steadied after a weekly advance as the US signaled tighter sanctions on Russian crude and Chinese authorities vowed to shore up the nation’s economy.B…
Crude Oil
Crude Oil Futures Edge Up After IEA Report on Demand Outlook
Crude oil futures traded slightly higher on Friday morning after the latest report from IEA (International Energy Agency) indicated an increase in global oil su…
Oil Price
Oil Prices up With China Demand Hopes
Oil prices increased on Wednesday supported by economic stimulus measures in China, the world’s biggest crude importer, aimed at boosting domestic growth.…
Oil Price
Global Oil Prices Drop to $71 as 4th Largest Production Company Cuts Prices for Asia
Global oil prices tracked by Brent futures have fallen to $71 per barrel, remaining below the $75 threshold after Saudi Arabia’s oil giant, Aramco, cut pr…
Oil Price
Oil Rises With Focus on China’s Economy, OPEC+ Supply Meeting
Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ meeting for further direction…
Oil Price
Oil Holds Weekly Drop on Glut Concerns, China’s Demand Outlook
Oil held a weekly loss on concerns over plentiful global supply and the outlook for demand in China, the world’s biggest crude importer.Brent traded above…
Oil Price
Oil Tumbles With Trump Trades Aiding Dollar as US Counts Votes
Oil fell as Donald Trump’s increasing chances of winning the presidential race boosted the dollar to a one-year high, while an industry report signaled a …
Oil Price
Oil Steadies After 6% Plunge With Focus on Mideast Risk, US Data
Oil steadied — after tumbling the most in more than two years on Monday — as the market focused on the prospect for easing hostilities in the Middle East and …
Oil Price
Oil strengthens as fall estimated in US crude inventories
Oil prices climbed on Wednesday on estimates about shrinking U.S. crude and gasoline inventories as the market watched for a possible widening of the Middle Eas…
Oil Exploration
FG Eyes 2.5 Million Barrels Daily Oil Production
Brent, the global benchmark for crude oil, witnessed a rise in price in the past three days, crossing $84/barrel on Friday, after trading for an average of $80/…
India
Oil Slips on Large Saudi Arabian Price Cuts and Rising OPEC Output
Picture: REUTERSNew Delhi — Oil prices fell more than 1% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in Opec output, offsetting worri…
Oil & Gas Trade
Oil Surges Nearly 6% After Israel Begins Ground Raids Into Gaza
Oil prices leapt nearly 6% on Friday, with Brent posting its highest weekly gain since February, as investors priced in the possibility that the conflict in the…
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