Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in the world’s largest crude importer,…
View More Oil Falls on Weak Chinese Data, Hawkish Fed Also Weighs
Category: oil
Oil prices rise as weaker dollar offsets China COVID-19 concerns
Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked…
View More Oil prices rise as weaker dollar offsets China COVID-19 concernsOil Prices Hover Near 8-Mth Low as Recession Fears Dent Outlook
Oil prices held near eight-month lows on Monday after falling sharply last week as markets feared that slowing global economic activity will dent demand for…
View More Oil Prices Hover Near 8-Mth Low as Recession Fears Dent OutlookOil prices and financial markets brace for recession
U.S. economic data remains strong but a range of financial indicators point to a sharp slowdown over the next year that would dampen oil consumption…
View More Oil prices and financial markets brace for recession
Oil rises on big decline in U.S. crude stocks
By Administrator_India Capital Sands Oil prices rose around 1% on Wednesday, extending overnight gains, after industry data showed U.S. crude stocks fell more than expected last week…
View More Oil rises on big decline in U.S. crude stocks
Oil slips ahead of US jobs report
By Administrator_India Capital Sands Oil prices dipped on Friday after posting strong overnight gains on a weaker dollar and a bigger-than-expected fall in U.S. crude…
View More Oil slips ahead of US jobs report
Oil Down, Investors Still Await Outcome of OPEC+ Output Dispute
By Administrator_India Capital Sands Oil was down, but little changed, Monday morning in Asia. Supplies remained tight as key producers continue to disagree on whether to increase…
View More Oil Down, Investors Still Await Outcome of OPEC+ Output Dispute
Oil slips again on surging U.S. dollar, but holds above $70
By Administrator_India Capital Sands Oil prices fell for a second consecutive day on Friday as the U.S. dollar soared on the prospect of interest rate…
View More Oil slips again on surging U.S. dollar, but holds above $70
India to look to OPEC once oil demand recovers after Covid second wave
By Administrator_India Capital Sands The relationship between India and OPEC is more important now than ever. Any lingering ill-feelings between India and Saudi Arabia from their spat…
View More India to look to OPEC once oil demand recovers after Covid second wave
Oil falls for second day as India’s COVID-19 surge to dent fuel demand
By Administrator_India Capital Sands Oil prices fell for a second day on Wednesday on concerns that soaring COVID-19 cases in India will drive down fuel…
View More Oil falls for second day as India’s COVID-19 surge to dent fuel demand