West Texas Intermediate

Oil steadies as investors assess the impact of China’s reopening

Oil was steady as the week’s trading kicked off, with optimism that China’s reopening will boost energy demand balanced by…

2 years ago

Oil rises for a sixth day on optimism over demand, US inflation

Oil rose for a sixth day on hopes that US inflation is cooling and amid a spate of Chinese crude…

2 years ago

Oil’s new year slump deepens below US$75 as China concerns grow

Oil’s rough start to the year worsened as a deteriorating demand outlook came to the fore, buttressed by China’s near-term…

2 years ago

Oil holds two-day gain on US stockpile decline, risks to supply

Oil held a two-day gain as a report showing a drop in US stockpiles and threats to supply countered concerns…

2 years ago

Oil climbs as China loosens curbs and OPEC+ keeps output steady

Oil advanced after China made further progress toward reopening, OPEC+ kept output steady, and sanctions on Russian crude kicked in.…

2 years ago

Oil pushes higher as traders look to cap plan, lower stockpiles

Oil rose as traders awaited further details of a plan to cap Russian crude prices and industry data showed a…

2 years ago

Oil retreats after China pledges to stick with covid zero policy

Oil fell after China signaled no relaxation of its Covid Zero stance, setting back the outlook for consumption in the…

2 years ago

Oil drops as more rate hikes overshadow tightening fuel market

OIL fell after Federal Reserve chair Jerome Powell said interest rates will go higher than earlier projected, overshadowing tightening supply.…

2 years ago

Oil fluctuates after choppy week as slowdown concerns linger

Oil fluctuated on Friday after a volatile week as concerns over a global economic slowdown continue to hang over the…

2 years ago

Oil holds gains as market shrugs off US measures to tame prices

Oil held gains as the market shrugged off measures from US President Joe Biden to tame rising energy prices that…

2 years ago

Oil edges higher after weekly loss as slowdown hangs over market

Oil clawed back some losses after a weekly slump as fears over an economic slowdown continue to weigh on the…

2 years ago

Oil heads for weekly decline as traders gauge risks of recession

Oil headed for a weekly loss as signs of a global economic slowdown and tighter monetary policy threaten to sap…

2 years ago

Oil steadies after rally as market counts down to OPEC+ meeting

OIL steadied after the biggest one-day gain since May as the market looked to OPEC+ to deliver on expectations for…

2 years ago