Oil scores back-to-back gains, but ‘bearish landscape’ remains
Oil futures moved higher Tuesday, attempting to claw back steep losses suffered last week, with prices supported by a more upbeat prospects for Chinese demand and ongoing concerns that a broader Middle Eastern conflict that could threaten crude flows from the region.
Oil Futures Gain on Middle East Risk Premium
Oil futures extend their recovery for a second session with attention on conflicts in the Middle East, with supply and demand concerns remaining in the background. "Drivers behind today's larger-than-
Oil prices steady on Mideast ceasefire push, China demand weighs
Oil prices fell on Tuesday, paring the previous day's nearly 2% rise as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East, and as slow demand in China, the world's top oil importer,
Oil prices extend bounce from steep weekly loss as Middle East worries linger
Oil futures were on track for back-to-back gains, attempting to claw back steep losses suffered last week as fears of a broader Middle Eastern conflict that could threaten crude flows from the region faded.
Oil Extends Gains Amid Middle East Tensions, Chinese Stimulus
Oil extended gains after Israeli strikes on Lebanon. Prices were are also supported by Saudi Aramco’s CEO reportedly saying he is fairly bullish on China demand in light of stepped-up policy measures.
Oil rises as Middle East war rages and global supplies tighten
Oil prices rose for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle East ceasefire and focused on a tightening global supply and demand balance. Brent crude futures for December settlement were up $1.
Oil prices rebound after last week’s 8% drop as traders weigh China demand concerns
Oil prices climbed on Monday, regaining some of last week’s 8% decline after China lowered its benchmark lending rates, part of a series of stimulus measures to revive the flagging economy for the world’s top oil importer.
Oil Regains Ground Following Steep Loss as Market Weighs Middle-East Risks
Oil prices were rising in early European trade following a steep drop last week as Israel escalates its military campaign in Lebanon. Brent crude was up 0.6% at $73.48 a barrel, while WTI rose 0.8% to $69.
Oil rises as Middle East war rages, traders focus on falling inventories
Oil prices rose for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle East ceasefire and focused on a tightening global supply and demand balance. Brent crude futures for December delivery were up $1.
Oil prices bounce back after steep decline on China's move to boost its economy
Follow the latest on Israel-Gaza Oil prices were up nearly 2 per cent on Monday, recovering from a steep drop last week that was fuelled by China's efforts to boost its sluggish economy and by heightened tensions in the Middle East.
Oil ends higher but the market backdrop remains 'bearish'
Oil futures finished higher Tuesday, with prices supported by some upbeat prospects for Chinese demand and ongoing concerns that the Middle Eastern conflict ...
U.S. crude oil prices rise nearly 1%, extend gains to above $71 per barrel
Oil prices have bounced back somewhat after selling off steeply last week. Beijing cuts its benchmark lending rate on Monday, ...
Oil Futures Hammered By 5% Declines Following Bearish Triple Whammy
Global oil futures suffered heavy declines on Tuesday following a series of bearish market developments and a renewed focus ...
Crude oil prices today: WTI is trading at $69.97
WTI futures traded around $69.97 per barrel, as of 9 a.m. ET. That’s an increase of 0.27% in the last 24 hours.
Oil prices rise nearly 2%, recovers some of last week's 7% decline
Oil prices settled nearly 2% higher on Monday, recouping some of last week's more than 7% decline, with no letup of fighting ...
China’s Vague Stimulus Announcement Sends Oil Futures Lower By Over 2%
Lack of clarity on China's economic stimulus plans sent oil futures tumbling, as traders adopted a wait and see approach to ...
Crude Oil Futures Extend Losses
Crude futures extend opening weakness as the market weighs chances of lower Middle East risk premium and the demand outlook. "Crude futures are now pricing in the death of a prominent Hamas leader ...
Oil Edges Higher on Prospects of Supply Disruptions
Oil edged higher in the Asian session on prospects of supply disruptions amid geopolitical tensions in the Middle East.
Malaysia Bourse Mulls Used Cooking Oil Futures on Biofuel Demand
Bursa Malaysia Bhd. — the main exchange for the global palm oil market — is considering launching a futures contract for used ...
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Top 3 Stocks to Play Oil's Potential Comeback Rally
Oil prices are on the lower end of the curve in today’s cycle. Still, plenty of tailwinds are set up to potentially bring a ...