Oil prices kept to a tight range on Monday amid persistent concerns over high inflation and rising U.S. interest rates, while traders awaited more cues…
View More Oil Prices Move Little in Anticipation Of More China Cues
Category: fuel
Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery
Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, although markets were still nursing…
View More Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery
Oil prices Tread Water As Markets Weigh China Recovery, Fed Caution
Oil prices were muted in early trade on Tuesday as optimism over better-than-expected economic data from China was offset by caution over an upcoming Federal…
View More Oil prices Tread Water As Markets Weigh China Recovery, Fed Caution
Oil Rises After Steep Losses, But Recession Fears Limit Gains
Oil prices rose on Wednesday, recovering a measure of sharp losses from the prior session, although fears of a global recession and signs of another…
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Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year
Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery in Chinese demand this year…
View More Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year
Crude Oil Lower; Monthly Demand Reports in Focus
Oil prices fell Monday, consolidating after last week’s strong gains ahead of the release of demand forecasts from the OPEC and the IEA as well…
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Mexico’s Newest Oil Refinery Now Seen Working At Half Capacity in Mid-2023
Mexican state oil company Pemex’s newest refinery will reach half of its crude processing capacity in July, the national president said on Friday, marking the…
View More Mexico’s Newest Oil Refinery Now Seen Working At Half Capacity in Mid-2023
Oil Extends Rally as U.S. Supplies Tighten Ahead of Demand-Heavy Holidays
Oil prices extended gains into a fourth straight session on Thursday after inventory data showed that U.S. supplies remained tight ahead of a demand-heavy holiday…
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Oil Languishes Below $80 as Recession Fears Outweigh Tighter Supply
Oil hovered near a one-year low on Wednesday as increasing concerns over U.S. economic health and the Federal Reserve largely offset positive supply-side signals from…
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Oil on Edge as Markets weigh Poland Strike, Sluggish Demand
Oil prices fell slightly on Wednesday as investors awaited more clarity on a potential Russian missile strike against Poland, while mixed U.S. inventory data and…
View More Oil on Edge as Markets weigh Poland Strike, Sluggish Demand