Oil prices Financial News

21.08 / 17:29

UPS Reuters country Oil prices Oil prices stable as investors weigh supply-tightness after China crisis impact, Brent near $85/bbl

lending rate by 10 basis points and left its five-year rate unmoved, in a surprise to analysts who had expected cuts of 15 basis points to both. The recovery in the world's second largest economy has been slowed by a worsening property crisis, weak spending and lower credit growth.

21.08 / 13:55

COST RIG ICE show Oil prices Oil prices climb; China cuts rates while supplies remain tight

Investing.com — Oil prices rose Monday, helped by another rate cut from China, the world’s largest crude importer, as well as the prospect of tighter supplies.

21.08 / 13:55

UPS Lowe's FIVE TSX Oil prices TSX futures rise on higher gold, oil prices

(Reuters) — Futures for Canada's main index edged higher on Monday, setting stocks for a rebound after a sharp selloff last week, driven by a rise in oil and precious metal prices, while investors await Federal Reserve Chair Jerome Powell's Jackson Hole speech.

21.08 / 12:51

UPS Provident Patterson show country Oil prices Oil up 1% on tighter supplies and heating oil prices

By Natalie Grover

21.08 / 02:57

UPS ANZ show country Oil prices Oil prices flat as rates anxiety, China gloom offset tighter supply

Oil prices were steady on Monday with Brent staying above $80 a barrel, as investors balanced tightening supply driven by OPEC+ cuts with nagging concerns about global demand growth amid high interest rates. Brent crude dipped 8 cents to $84.72 a barrel by 0033 GMT while U.S. West Texas Intermediate crude was at $81.28 a barrel, up 3 cents.

18.08 / 01:19

UPS Lowe's Target Flushing country Oil prices Weekly Oil prices flat as China, Fed fears spur first weekly loss in 8

Investing.com-- Oil prices were muted in Asian trade on Friday, but were set to snap a seven-week winning streak as fears of a Chinese economic slowdown and rising U.S. interest rates clouded the outlook for demand.

17.08 / 03:05

ANZ show Oil prices Oil prices down on weaker growth in China, US rate hike jitters

Oil prices fell in early trade on Thursday, extending losses to a fourth consecutive session on fears of slowing growth in China and possible further U.S. interest rate hikes weakening fuel demand in the world's two biggest economies.

17.08 / 02:35

UPS Lowe's show country Oil prices Low week Oil prices hit two-week low on China fears, hawkish Fed outlook

Investing.com-- Oil prices fell to a two-week low in Asian trade on Thursday, extending recent losses as markets fretted over an economic slowdown in China, while strength in the dollar also weighed amid continued signs of a hawkish Federal Reserve.

16.08 / 16:59

Oil prices Oil prices steady as China's faltering economy weighs on tighter market supply; Brent drops to $84/bbl

₹6,725 per bbl, having swung between ₹6,696 and ₹6,772 per bbl during the session so far, against a previous close of ₹6,868 per barrel.

16.08 / 14:17

COST Citi performer country Oil prices Q1 Results Review: OMCs report higher profit on soft oil prices, improved volumes; mixed results for CGDs

reported a growth of 102 per cent in net profit in the June quarter, but Reliance Industries witnessed a decline on net profit on weaker oil-to-chemicals (O2C) business, despite steady growth in retail and telecom arms. The diversified conglomerate's O2C's revenue declined 17.7 per cent at ₹1,33,031 crore in the quarter-under-review, compared to ₹1,61,715 crore in the year-ago period.

15.08 / 03:31

Provident Reuters show performer country Oil prices economic data Oil prices down ahead of key economic data in China

Oil prices fell in early trade on Tuesday ahead of a slew of economic data from China which should provide clues on the outlook for any recovery in demand in the world's top oil importer. U.S. West Texas Intermediate crude was down 11 cents, or 0.13%, at $82.40 a barrel.

14.08 / 04:27

Provident show country Oil prices Oil prices slip as rising inflation boosts dollar, China fears weigh

Investing.com-- Oil prices fell slightly on Monday, coming under pressure from a stronger dollar amid signs of resurgent U.S. inflation, while concerns over slowing Chinese growth also dented sentiment.

11.08 / 16:57

country Oil prices Oil prices rise on upbeat demand estimates from OPEC, IEA; Brent at $86/bbl

₹6,635 per bbl, having swung between ₹6,814 and ₹6,943 per bbl during the session so far, against a previous close of ₹6,873 per barrel. The IEA on Friday warned that global inventories could fall sharply over the rest of 2023, potentially driving prices even higher, though the Paris-based agency expects demand growth to slow to 1 million barrels per day (bpd) in 2024, down 150,000 bpd from its previous forecast.

11.08 / 05:13

UPS Target Waters show country Oil prices Oil prices tread water between OPEC optimism, CPI aftermath

Investing.com — Oil prices were flat on Friday, coming under pressure from a stronger dollar after U.S. inflation grew as expected in July, while the OPEC group maintained a positive outlook for global demand.

11.08 / 04:11

UPS Strategy show country Oil prices Oil prices flat as investors weigh China data against OPEC optimism

By Stephanie Kelly and Andrew Hayley

11.08 / 02:51

UPS show country Oil prices Oil prices tick higher on OPEC demand optimism

Oil prices edged higher on Friday on optimism from the OPEC producer group that oil demand will be robust in 2024 as it also nudged up its expectations for global economic growth. Brent crude rose 7 cents to settle at $86.47 a barrel at 0017 GMT, while U.S. West Texas Intermediatecrude futures gained 12 cents at $82.94 a barrel.

09.08 / 19:27

UPS FIVE RIG show Oil prices Oil prices at 2023 high, confounding 3-year peak in U.S. output

Investing.com — Against the bullish mantra of Saudi production cuts, the keeper of U.S. energy data has delivered a volley of its own — a three-year peak for U.S. oil output, estimated in its latest weekly report.

09.08 / 15:21

shootings Oil prices Oil prices score 3-month highs on tighter supply; Brent shoots higher to $87/bbl topping April peak

₹6,959 per bbl, having swung between ₹6,845 and ₹7,009 per bbl during the session so far, against a previous close of ₹6,840 per barrel.

09.08 / 01:25

show Oil prices Oil prices ease as bearish China data fuels demand concerns

By Yuka Obayashi

08.08 / 14:11

Provident Target show Oil prices fall Oil prices fall sharply after weak Chinese trade data

Investing.com — Crude oil prices fell Tuesday after weak trade data from China pointed to a sluggish post-COVID rebound for the world's largest oil importer.

08.08 / 03:05

UPS Target MET country Oil prices Oil prices edge up as production cuts keep market supported

Oil prices rose in early trade on Tuesday as supply concerns arising from production cuts by Saudi Arabia and Russia supported the market. Brent crude futures rose 37 cents, or 0.4%, to $85.71 a barrel at 0010 GMT, while U.S.

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