Oil prices rose on Monday as weaker-than-expected U.S. inflation data revived hopes for more policy easing, but the outlook for oversupply next …
Energy | Petroleum
-
-
Energy | PetroleumNews
Oil steady as markets weigh Fed rate cut prospects, Chinese demand
by BUNKERISTby BUNKERISTOil prices were little changed Friday as markets weighed Chinese demand and rate cut prospects after data showed U.S. inflation was easing. …
-
China’s crude imports are expected to peak in 2025, while a global surplus of 1.2 million bpd is a concern. Oil prices …
-
Energy | PetroleumNews
Prices reverse gains from yesterday as Fed cuts interest rates by 25 basis points
by BUNKERISTby BUNKERISTThe Fed’s prospect of two low rate cuts in 2025 is fueling demand concerns. Oil prices fell in Asian trading on Thursday …
-
Energy | PetroleumNews
Oil prices held steady early as market focused on Fed rate decision
by BUNKERISTby BUNKERISTOil prices traded in a narrow range early on Wednesday, with investors cautious ahead of an expected interest rate cut by the …
-
Energy | PetroleumNews
Oil prices fall as demand concerns, Fed meeting gains momentum
by BUNKERISTby BUNKERISTOil prices fell further on Tuesday as Chinese economic data renewed demand concerns. The market priced in a 25-basis-point Fed rate cut …
-
Oil futures retreated from week-highs as investors booked profits and awaited this weekend’s Federal Reserve meeting. However, losses were limited by concerns …
-
Energy | PetroleumNews
Oil prices rose nearly 2% on Friday to hit a three-week high
by BUNKERISTby BUNKERISTOil prices rose nearly 2% on Friday to hit a three-week high. That came on expectations that additional sanctions on Russia and …
-
Energy | PetroleumNews
Oil prices steadied on Friday, heading for first weekly gain in three weeks
by BUNKERISTby BUNKERISTOil prices steadied on Friday, heading for their first weekly gain since late November. Additional sanctions on Iran and Russia have raised …
-
Energy | PetroleumNews
Oil prices changed a little in Asian trading on Thursday
by BUNKERISTby BUNKERISTOil prices changed a little in Asian trading on Thursday. Weak demand forecasts and a larger-than-expected buildup in U.S. gasoline and distillate …