In a week marked by renewed optimism about oil demand from the world’s largest consumer, crude oil prices are on track to close higher for …
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Global oil markets saw a modest uptick on Wednesday as investors responded to a significant drop in U.S. crude inventories and continued to monitor the …
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Oil prices showed resilience on Tuesday, stabilising after a volatile trading session as concerns over potential supply disruptions in the Middle East and production issues …
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In a volatile trading session on Monday, oil futures extended their losses as growing fears of a recession in the United States, the world’s largest …
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Oil prices decline amid Chinese economic concerns and easing Middle East tensions
In early Asian trading on Tuesday, oil prices continued their downward trend, extending losses from the previous session. This decline is primarily attributed to growing …
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China, the world’s largest oil importer, has been a source of concern for the oil market.
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Oil prices dip slightly on Friday but remain on track for a fourth straight week of gains, driven by strong summer demand expectations and supply …
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Oil prices increased due to a larger-than-expected decrease in US crude stockpiles and ongoing geopolitical concerns in the Middle East.
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INDUSTRY NEWSLatest News
Oil prices steady as mixed Chinese economic data offset summer demand hopes
Oil prices remain stable as disappointing Chinese economic data counterbalances optimism for increased demand during the northern hemisphere’s summer driving season.
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Oil prices experienced a second consecutive session of decline due to the U.S. dollar’s fortification, fueled by robust employment data that diminished expectations for interest …
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