Tag: oil price
Oil Prices Close Higher on Surprising Crude Draw and Positive Demand Projections
Jennifer -
Oil prices concluded higher on Thursday, propelled by a larger-than-expected draw in U.S. crude supplies and optimistic demand forecasts, alleviating concerns about the demand...
Oil Prices Hold Steady, Poised for Modest Weekly Gains on Positive Demand Outlook
Jennifer -
Oil prices showed little movement in Asian trading on Friday but were on track for some weekly gains, buoyed by optimistic demand forecasts and...
Oil Prices Retreat Amid China Demand Concerns and Supply Predictions
Jennifer -
Oil prices experienced a decline on Friday, retracing from the previous day's gains, as geopolitical tensions and disruptions in U.S. oil production were offset...
Oil Prices Stabilize Amid Severe U.S. Cold Snap and China Growth Concerns
Jennifer -
Oil prices demonstrated minimal movement as the severe cold weather impacting U.S. oil production offset concerns about China's economic growth and its potential impact...
Oil Prices Inch Upwards Amid Dollar Retreat, but Concerns Over Weaker Chinese Growth Linger
Jennifer -
Oil prices showed a modest recovery to settle marginally higher, supported by a retreat in the dollar. However, concerns about demand persisted following disappointing...
What is brent futures?
Jennifer -
Brent, a term synonymous with the global oil market, holds a pivotal position in shaping the energy landscape. Within the intricate web of commodities...
Asian Shares Start Week Mixed as China Skips Rate Cut; Nikkei 225 Hits Fresh 34-Year Peak
Jennifer -
Asian markets kicked off the week with a mixed performance, as China's central bank's decision to forego a rate cut surprised investors. Meanwhile, Japan's...
Oil Prices Inch Up Amid Middle East Developments and Supply Disruption Concerns
Jennifer -
Oil prices saw a modest increase on Monday, with market attention drawn to potential supply disruption risks in the Middle East. The rise comes...
Oil Prices Surge 2% Following U.S. and British Strikes in Yemen
Jennifer -
Oil prices experienced a notable increase of more than 2% on Friday after the United States and Britain executed strikes against Houthi military targets...
Precious Metals Hold Steady as Investors Await U.S. Inflation Data
Jennifer -
In the midst of midday trading on Wednesday, gold and silver prices exhibit minimal fluctuations as market participants brace for key U.S. economic indicators....
Gold Sees Modest Gains Amid Chart Support
Jennifer -
In midday U.S. trading on Tuesday, gold prices experienced a slight increase while silver showed marginal weakness. Technical-based buying is cited as a contributing...
How Much Crude Oil is Trading at and Factors Influencing Prices?
Jennifer -
Crude oil, often referred to as the lifeblood of the global economy, serves as a critical commodity with far-reaching implications on various industries and...