Tag: oil prices
Is Now a Prudent Time to Invest in Oil Companies?
Jennifer -
In the realm of investing, the energy sector, particularly oil, has long been a focal point for investors seeking opportunities for growth and stability....
Oil Prices Extend Decline on Surprise US Inventory Build and Rate Concerns
Jennifer -
In Asian trading on Wednesday, oil prices continued their downward trend as industry data revealed an unexpected increase in U.S. inventories, while ongoing apprehensions...
Oil Prices Slide for Third Consecutive Day Amid Concerns of Prolonged US Interest Rate Hikes
Jennifer -
Oil prices dipped by over 1% on Wednesday, marking their third consecutive day of decline. This downward trend is attributed to growing expectations that...
What determines the price of gasoline?
Jennifer -
Gasoline prices are a topic of perennial interest and concern for consumers, businesses, and policymakers alike. The fluctuation of fuel costs at the pump...
Oil Set for Weekly Gain on Signs of Strengthening Demand
Jennifer -
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 Rally as Soft CPI Weakens Dollar and US Inventories Decline
Jennifer -
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...
European Stocks Retreat Despite Global Rally on Downbeat Earnings
Jennifer -
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 Ascend as US Inventories Decline; Attention Shifts to CPI Inflation
Jennifer -
In Asian trading on Wednesday, oil prices climbed, propelled by industry data indicating a decrease in U.S. inventories, which heightened expectations of constrained supplies....
Australia’s S&P/ASX 200 Index Rises by 0.35% on Wednesday
Jennifer -
Australia's stock market closed higher on Wednesday, with the S&P/ASX 200 index gaining 0.35%. The positive performance was driven by increases in the Metals...
Japan’s Nikkei 225 Gains 0.17% as Key Sectors Lead Market Higher
Jennifer -
Japan's stock market closed higher on Wednesday, with the Nikkei 225 index rising by 0.17%. The positive performance was driven by gains in sectors...
European Stocks Mostly Lower as Investors Await US Inflation Release
Jennifer -
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
Jennifer -
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...