Tag: Commodities

Crude Oil Lower; Monthly Demand Reports in Focus

Ritu- January 16, 2023 0

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

Ritu- June 20, 2022 0

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

Ritu- June 9, 2022 0

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

Ritu- May 27, 2022 0

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

Ritu- May 25, 2022 0

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

Ritu- May 13, 2022 0

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

Ritu- April 11, 2022 0

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