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Oil holds soft tone on oversupply concerns, markets await FedThe market stumbled in overnight trade as firmer-than-expected U.S. inflation readings for November bolstered the view the Federal Reserve ...- Oil prices steady amid OPEC+ cut doubts, Mid-East tensionBrent crude futures edged up 13 cents to $78.16 a barrel by 0106 GMT, while U.S. West Texas Intermediate crude futures were up 18 cents at ...
- Oil climbs as Mideast tension back in focusBrent crude futures climbed 28 cents, or 0.4%, to USD 79.16 a barrel by 0018 GMT, while U.S. West Texas Intermediate crude futures were at ...
- Dollar steady but remains vulnerable after Fed steer"We always say bad news is good news, so it's good then there is expectation for the Fed and other central banks to end the rate hike cycle...
- Oil dips as caution about data-heavy week offsets Mid-East war boostBrent crude futures dropped 98 cents, or 1.1%, to $89.50 a barrel by 0001 GMT while U.S. West Texas Intermediate crude was at $84.54 a barr...
- Oil inches higher on supply concerns, China demand recoveryGlobal oil demand growth, on the other hand, is on track to hit 2.1 million bpd, they added, in line with forecasts from the International ...
- Oil prices rise to 10 month-high, top $94 mark on China reserve ratio cutThe International Energy Agency said this week it expects Saudi Arabia's and Russia's extended oil output cuts to result in a market defici...
- Oil prices inch up as recession fears begin to fadeOil prices have gone up slightly in Asia, with concerns about a US recession – which caused prices to plummet for three consecutive weeks –...
- Bitcoin pushes past $30,000 as investors eye end of rate risesBitcoin peaked at $30,438 in Asian trade and was last 2% higher at $30,262. It has gained about 6% since the start of the month, after risi...
- Oil edges up on historic Swiss banks deal, central banks supportThe Swiss bank deal and central banks' measures to inject liquidity into the markets are restoring market confidence, leading to a relief r...
- Oil extends declines on rate hike concernsTraders were also awaiting crude inventory data from the U.S. Energy Information Administration later on Wednesday, after the API data show...
- Brent oil lower amid stronger dollar, caution ahead of Fed minutesWith China's oil imports likely to hit a record high in 2023 and demand from India, the world's third-biggest oil importer, surging amid ti...
- Dollar climbs as Treasury yields pop on further Fed hike forecastsThe report, which wrongfooted traders banking on an imminent pause in the Fed's rate-hiking cycle, gave the greenback a leg up and sent the...
- Oil falls as geopolitical tensions ease, China COVID concerns return"Crude oil fell after NATO cleared Russia's missile attack on Poland, while demand concerns (are) back to trader's focus amid ongoing China...
- Oil prices slide as China demand, recession concerns outweigh supply woesBrent crude fell 23 cents, or 0.2%, to $97.69 a barrel by 0726 GMT, while U.S. West Texas Intermediate (WTI) crude fell 32 cents, or 0.4%, ...
- Oil prices steady as supply woes offset recession fearsThe poll was conducted ahead of reports from the American Petroleum Institute due at 4:30 p.m. ET (2130 GMT) on Tuesday, and the Energy Inf...
- Oil slips as dollar firms, but supply worries check lossesThe benchmarks settled up more than $1 on Wednesday, aided by another drop in U.S. oil inventories, even as the Fed boosted interest rates ...
- Oil prices extend decline on recession fears, China COVID curbsThe dollar gained broadly overnight, after a top Bank of England official told pension fund managers to finish rebalancing their positions ...
- Oil prices inch higher ahead of OPEC+ meeting to discuss supply cutsOPEC+ has boosted output this year after record cuts put in place in 2020 due to demand destruction caused by the COVID-19 pandemic. But in...
- Oil prices nudge up after API data shows surprise drop in US stocksOil prices nudged up on Wednesday following two sessions of losses after industry data showed an unexpected drop in U.S. crude and fuel sto...
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