Tag: Commodities
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 ... Read More
Oil is unsteady following a near-6% drop due to economic concerns
Early on Monday, oil prices fell as investors refocused on tight supply, however, the mood remained shaky following a 6% drop the previous day on ... Read More
On strong US demand and China optimism, oil is hovering near a 13-week high
On Thursday, oil prices remained at 13-week highs, supported by strong demand in the world's largest consumer, the United States, while demand in China is ... Read More
Despite global supply concerns, oil remains around a two-month high
On Friday, oil prices were hovering around a two-month high, with Brent crude on track for its greatest weekly gain in 1-1/2 months, boosted by ... Read More
Oil prices are rising as demand grows and supply tightens
Oil prices surged in early trade on Wednesday, buoyed by limited supplies and the expectation of increased demand as the US summer driving season approaches. ... Read More
Even as reduced demand threatens to limit increases, oil prices continue to rise
Early Friday trade saw oil prices rise, but they were poised for their first weekly losses in three weeks as concerns about inflation and China's ... Read More
Oil falls, pressured by China lockdowns, reserves release
Oil prices slipped $2 a barrel in early Asian trading on Monday, following a second straight weekly decline after world consumers announced plans to release ... Read More