Tag: brent
Oil Prices Decline on Fears of High U.S. Interest Rates Depressing Demand
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Oil prices fell in early Asian trade on Tuesday as investors anticipated that persistent U.S. inflation and higher interest rates could dampen consumer and...
Oil Set for Weekly Gain on Signs of Strengthening Demand
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Oil prices advanced during Asian trading on Friday, marking a significant weekly gain for global benchmark Brent, its first increase in three weeks. The...
Oil Prices Hold Steady, Poised for Modest Weekly Gains Amid Optimism on Demand
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Oil prices exhibited minimal movement in Asian trading on Friday but were on track for a mildly positive week, buoyed by a softer dollar,...
Oil Prices Rally as Soft CPI Weakens Dollar and US Inventories Decline
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Oil prices surged in Asian trading on Thursday, extending gains from the previous session as a softer-than-expected U.S. consumer inflation reading weakened the dollar...
Oil Prices Surge Amid Slower US Inflation and Robust Demand
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Oil prices saw a continued upward trend on Thursday, building on gains from the previous session. The surge was attributed to signs of heightened...
European Stocks Retreat Despite Global Rally on Downbeat Earnings
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European stocks experienced a slight retreat on Thursday despite a global rally fueled by U.S. inflation data, as investors grappled with disappointing earnings reports. As...
Oil Prices Settle Higher Amid Signs of China’s Economic Recovery; US CPI Looms
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Oil prices concluded higher on Monday, buoyed by indications of an improving economy in China, which fueled hopes for increased demand, even as wildfires...
Oil Prices Inch Up Amid Tighter Supply Outlook
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Oil prices saw an increase on Tuesday as the balance between supply and demand appeared poised to tighten due to operational disruptions, robust demand,...
European Stocks Mostly Lower as Investors Await US Inflation Release
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European stock markets experienced a mixed session on Tuesday, with investors cautiously navigating corporate earnings announcements in anticipation of the upcoming US inflation reports. As...
European Stocks Mostly Lower as Investors Await US Inflation Release
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European stock markets experienced a mixed session on Tuesday, with investors cautiously navigating corporate earnings announcements in anticipation of the upcoming US inflation reports. As...
Oil Prices Dip on Prospects of Prolonged Higher US Rates and Strengthening Dollar
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Oil prices took a tumble by nearly $1 a barrel on Friday, influenced by remarks from U.S. central bank officials hinting at the potential...
European Stocks Ascend on Positive Sentiment Fueled by UK Growth Data
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European stock markets experienced a surge on Friday, buoyed by stronger-than-anticipated U.K. growth figures that contributed to an overall positive market sentiment. At 03:05 ET...