Tag: Commodities

Economy

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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...

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Commodity

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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...

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Market

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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,...

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Commodity

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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,...

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Commodity

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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...

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Business

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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...

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Commodity

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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...

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