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Oil prices dip below $80 as M.east fears ease, OPEC meeting awaited
Oil prices fell to a near two-month low in Asian trade on Tuesday as a lack of immediate escalation in tensions between Israel and Hezbollah saw traders pr
WTI bounces back to near $77 on upside risks to widening Middle East woes
West Texas Intermediate (WTI), futures on NYMEX, rebound to near $77.00 in Monday’s European session after plunging to near $76.00 on Friday.
Oil prices stabilize following Golan Heights attack
Oil prices remained stable on Monday amid concerns of escalating conflict in the Middle East following a rocket strike in the Israeli-occupied Golan Height
WTI sticks to modest intraday gains amid Middle East tensions, remains below $77.00 mark
WTI attracts some buyers amid geopolitical risks stemming from conflicts in the Middle East.
Goldman Sachs predicts limited tools for next US president to significantly boost 2025 oil supply
Goldman Sachs predicts limited tools for the next U.S. president to boost domestic oil supply in 2025 due to low strategic petroleum reserve stocks and pot
WTI holds steady above $78.00 mark as traders keenly await US PCE data
Traders also seem reluctant and look to the US PCE Price Index for a fresh impetus.
Oil drops $1 as subdued Chinese consumption outweighs inventory draws
Oil prices declined on Thursday due to concerns over weak Chinese demand overshadowing positive U.S. inventory data.
WTI drops to near $76.50 due to negative sentiment surrounding the global economy
WTI price extends its losing streak as global stock markets affect risk assets.
Oil prices inch higher from six-week lows
Oil prices inched up on Wednesday but remained near a six-week low, reflecting subdued summer demand in the northern hemisphere.
WTI drops to near $77.00 due to increased ceasefire optimism between Israel and Hamas
WTI price extends its losing streak due to increased optimism surrounding ceasefire negotiations in the Middle East.
Oil prices rise as US crude inventories unexpectedly shrink
Investing.com-- Oil prices rose in Asian trade on Wednesday, recovering mildly from recent losses as expectations of tight near-term markets were furthered
Oil prices down to 1-½ mth low on weak outlook, surplus fears
Oil prices fell in Asian trade on Tuesday, reaching their weakest levels since mid-June as expectations of a supply surplus and uncertainty over demand con
WTI holds below $79.50 amid demand concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $79.00 on Tuesday. WTI price edges lower to near lowest level in over a month
OPEC+ does not intend to change its decisions for now – Commerzbank
The Joint Ministerial Monitoring Committee of OPEC+ (JMMC) is expected to reiterate confirm the decisions of the OPEC+ meeting from early June at its next
Oil prices dip on China demand concerns, set for weekly loss
Investing.com-- Oil prices fell in Asian trade on Friday, and were headed for a weekly loss amid persistent concerns over slowing demand in top importer Ch
WTI drops toward $81.00 as US Dollar remains stable
West Texas Intermediate (WTI) Oil price edges lower due to improved US Dollar (USD).
US oil futures slip after mixed API inventory report
Investing.com -- U.S crude oil futures slipped in post-settlement trading Tuesday as the American Petroleum Institute reported mixed inventory data as dome
Crude Oil extends declines on Chinese demand concerns, WTI falls below $80
West Texas Intermediate (WTI) Crude Oil fell on Tuesday as barrel traders grow fearful at the prospect of a slowdown in Chinese demand for fossil fuels.
Roth MKM cuts its oil prices forecast for 2024
Roth MKM trimmed its oil prices forecast for 2024 amid heightened geopolitical risks and declining global oil inventories this summer.
Crude Oil churns on Monday as bull run fizzles out, WTI tests below $81.00
OPEC+ production cuts set to begin ending at the end of September.
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