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Oil Prices Decline Amid US Growth Concerns and Abundant Crude Supply

Early trade on Thursday saw a drop in oil prices as investors processed the likelihood of the U.S. Federal Reserve postponing a potential interest...

Oil Climbs on Optimistic Demand Outlook

Oil prices rose on Wednesday, driven by positive global demand forecasts from the U.S. Energy Information Administration (EIA) and the Organization of the Petroleum...

Oil Prices Near Four-Month Low Amid OPEC+ Supply Outlook and Rising U.S. Stocks

Oil prices remained near four-month lows on Wednesday as markets anticipated a supply increase later this year when OPEC+ begins to unwind some output...

Oil Prices Steady Amid Rate and Inflation Concerns, Despite Large Inventory Draw

Oil prices remained steady in Asian trade on Thursday as optimism over a larger-than-expected draw in U.S. inventories was tempered by caution ahead of...

Oil Prices Dip Amid Demand Concerns; U.S. Stockpiles Data Awaited

Oil prices eased on Thursday as robust U.S. economic activity suggested that borrowing costs might remain elevated for a longer period, potentially dampening demand....

European Stocks Mostly Lower Ahead of Key Inflation Data

European stock markets largely fell on Thursday, influenced by rising global bond yields and the anticipation of crucial inflation data set to be released...

Oil Prices Stabilize Amid OPEC+ Restraint and Interest Rate Uncertainties

Global oil prices found stability on Tuesday, as anticipation of OPEC+ sustaining oil supply constraints at its June 2 gathering, coupled with optimism surrounding...

Oil Prices Maintain Stability Ahead of OPEC+ Meeting

Oil prices held steady in Asian trading on Monday as markets anticipated the upcoming OPEC+ meeting scheduled for June 2, during which producers are...

Oil Prices Inch Upward Amidst Inflation and OPEC Anticipation

Oil prices saw a modest uptick in Asian trading on Monday, showing slight recovery from significant losses incurred last week. Traders remained watchful for...

Oil Prices Steady at Multi-Month Lows, Poised for Weekly Losses Amid Rate Fears

Oil prices stabilized on Friday but were on track for significant weekly losses as concerns over persistent inflation and high interest rates cast doubts...

Oil Prices Stable Amid U.S. Rate Fears and Seasonal Demand Strength

Oil prices held steady on Friday, with investors weighing the latest statements from the U.S. Federal Reserve regarding interest rates amidst persistent inflation concerns....

Oil Prices Slide for Third Consecutive Day Amid Concerns of Prolonged US Interest Rate Hikes

Oil prices dipped by over 1% on Wednesday, marking their third consecutive day of decline. This downward trend is attributed to growing expectations that...

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