Oil prices continued declining on Thursday, weighed down by concerns about slowed demand due to a larger-than-expected rise in U.S. crude oil …
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Energy | PetroleumNews
Oil, expectation of delay in US interest rate cut and increase in oil stocks outweigh OPEC+ supply news
by BUNKERISTby BUNKERISTOil prices retreated in Asian trade on Wednesday as expectations for a delay in the Federal Reserve’s rate-cutting cycle and a rise …
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Energy | PetroleumNews
Oil prices cling to gains as supply concerns in the Red Sea increased
by BUNKERISTby BUNKERISTOil prices on Tuesday maintained gains from the day before as attacks on shipping in the Red Sea raised supply concerns. Brent …
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Energy | PetroleumNews
Oil extends losses as dollar strengthens on US interest rate concerns
by BUNKERISTby BUNKERISTOil prices fell on Monday, extending losses from the previous session after the dollar rose on market concerns that higher-than-expected inflation could …
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Energy | PetroleumNews
Oil fell weekly after it was stated that interest rate cuts in the USA may be postponed
by BUNKERISTby BUNKERISTOil prices fell nearly 3 percent on Friday, posting a weekly decline after the U.S. central bank policymaker said interest rate cuts …
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Energy | PetroleumNews
Oil falls after Fed implies it will not rush to cut interest rates
by BUNKERISTby BUNKERISTOil prices fell on Friday after an official said the Fed should delay interest rate cuts for at least two more months, …
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Energy | PetroleumNews
Oil rose on signs of improving U.S. refining demand and a weakening dollar
by BUNKERISTby BUNKERISTOil prices rose for a second day on Thursday on expectations that demand will increase in the United States, the world’s largest …
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Energy | PetroleumNews
Oil rises on concerns about Red Sea attacks and US interest rate cut
by BUNKERISTby BUNKERISTOil prices strengthened some in Asian trading on Wednesday, boosted by concerns about attacks on shipping in the Red Sea and rising …
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Energy | PetroleumNews
Oil prices are near 3-week highs due to tensions in the Middle East and Chinese demand
by BUNKERISTby BUNKERISTOil prices are hovering near three-week highs due to rising tensions in the Middle East and recovering demand in China. Brent futures …
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Energy | PetroleumNews
Oil falls as persistent US inflation and possible higher interest rates raise demand concerns
by BUNKERISTby BUNKERISTOil prices fell as attention turned to the demand outlook in the United States, the world’s biggest oil user after reports of …