Tag: crude prices
Oil Steadies on OPEC+ Reassurances, Set for Third Weekly Loss
Jennifer -
Oil prices stabilized on Friday after key OPEC+ members, Saudi Arabia and Russia, indicated a possible pause or reversal in planned output increases. Despite...
Saudi Arabia Reduces July Arab Light Crude Oil OSP to Asia
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Saudi Arabia has adjusted its official selling price (OSP) for its flagship Arab Light crude oil to Asia for July, setting it at plus...
Oil Prices Inch Upward Amidst Inflation and OPEC Anticipation
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Oil prices saw a modest uptick in Asian trading on Monday, showing slight recovery from significant losses incurred last week. Traders remained watchful for...
Oil Prices Steady at Multi-Month Lows, Poised for Weekly Losses Amid Rate Fears
Jennifer -
Oil prices stabilized on Friday but were on track for significant weekly losses as concerns over persistent inflation and high interest rates cast doubts...
Oil Prices Ascend as US Inventories Decline; Attention Shifts to CPI Inflation
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In Asian trading on Wednesday, oil prices climbed, propelled by industry data indicating a decrease in U.S. inventories, which heightened expectations of constrained supplies....
Oil Prices Rebound Amid Tight Supply Prospects Despite Easing Middle East Tensions
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Oil prices rallied in Asian trading on Tuesday, bouncing back from recent declines as market participants anticipated potential supply constraints in the coming months....
Oil prices experienced a notable decline in early Asian trading
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Oil prices experienced a notable decline in early Asian trading on Monday, attributed to Israel's partial withdrawal of troops from Gaza and renewed discussions...
Oil Prices Hold Steady at 5-Month Peaks Ahead of OPEC Meeting
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Oil prices maintained their upward trajectory in Asian trading on Wednesday, hovering near five-month highs as indications of dwindling U.S. inventories and the potential...
Oil prices surged in Asian tradin
Jennifer -
Oil prices surged in Asian trading on Thursday, propelled by expectations of tighter supplies, particularly with reduced Russian production, positioning crude for a robust...
Oil prices were relatively unchanged
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Oil prices were relatively unchanged on Tuesday, with Brent crude futures for May edging up by 7 cents to $86.82 a barrel, and U.S....
Oil Prices Rise on Weaker Dollar and Fed’s Rate Cut Talk
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Oil prices advanced in Asian trade on Thursday, supported by a weaker dollar following the Federal Reserve's indication of potential interest rate cuts in...
Oil Prices Remain Steady Near 4-½ Month Highs, US Inventories Expected to Decrease
Jennifer -
In Asian trading on Wednesday, oil prices experienced a slight decline as traders exercised caution ahead of further guidance from the Federal Reserve. However,...