Friday, February 3, 2023
Tags West Texas Intermediate

Tag: West Texas Intermediate

Oil price dips as dollar strengthens, demand weakens

Oil prices retreated slightly on Thursday after gaining more than $3 in the prior session, with a strong dollar capping oil demand from buyers...

Oil prices fall for a second day on concerns of expected recession

Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by rising worldwide...

Oil prices climb on weak dollar, supply concerns

Oil prices climbed on Monday as a weaker dollar and supply concerns ahead of the European Union embargo on Russian oil in December offset...

Oil prices edge lower on prospect of rising US interest rates

Oil prices inched lower on Wednesday on concerns of another United States Federal Reserve interest rate hike next week after consumer prices unexpectedly rose...

Oil falls to 7-month low on renewed demand fears, rate hike expectations

Oil prices fell more than $1 on Wednesday to their lowest since before Russia invaded Ukraine as Covid-19 curbs in top crude importer China...

Oil prices climb more than #1 a barrel ahead of Opec+ meeting

Oil prices jumped over $1 a barrel on Monday, extending gains as investors eyed possible moves by Opec+ producers to cut output and support...

Oil falls on greater supply, lower China demand

Oil prices fell in early Asian trade on Thursday, led lower by increased supply and worries that the global economy could slow further with...

Oil prices rise on signals OPEC might cut output

Oil prices ended higher on Friday, boosted by signals from Saudi Arabia that OPEC could cut output, but trading was volatile as investors digested...

Oil prices rise $1 after drop in US stockpiles

Oil prices rose over $1 on Wednesday, rebounding from six-month lows hit the previous day, as an unexpectedly large drop in US oil and...

Oil drops as China data weighs

Oil prices fell by more than $4 a barrel on Monday on demand fears as disappointing Chinese economic data renewed global recession concerns. Brent crude...

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