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Oil Prices Slide for Third Consecutive Day Amid Concerns of Prolonged US Interest Rate Hikes

Oil prices dipped by over 1% on Wednesday, marking their third consecutive day of decline. This downward trend is attributed to growing expectations that...

Oil Prices Surge Amid Slower US Inflation and Robust Demand

Oil prices saw a continued upward trend on Thursday, building on gains from the previous session. The surge was attributed to signs of heightened...

Oil Prices Dip on Signs of Supply Relief

Oil prices edged lower, as indications of easing supply concerns took precedence, while market attention turned towards upcoming U.S. stockpiles data expected later in...

Oil Prices Decline Amid Rising US Stockpiles and Supply Caution

Oil prices experienced a downturn in early Asian trading on Wednesday, driven by data indicating a buildup in both crude and fuel inventories in...

Oil Prices Rebound Following Surprise Drop in US Crude and Gasoline Stocks

Oil prices rebounded on Thursday as unexpected drawdowns in U.S. crude and gasoline inventories provided support, despite indications that the U.S. Federal Reserve may...

Oil Prices Dip from Multi-Month Highs as Strong Dollar Dampens Demand

Global oil prices retreated slightly on Wednesday, driven by a stronger dollar and profit-taking following recent multi-month highs. The market remains cautious amid ongoing...

Oil Prices Rise on Strong US Fuel Demand Amid Supply Concerns

Oil prices experienced gains in early trading on Thursday, bolstered by robust demand in the U.S. following a decrease in gasoline stocks to a...

Oil Prices Experience Volatility Amid Weak Demand and Strong Dollar

Global oil prices exhibited volatility on Wednesday, fluctuating between modest declines and gains as traders assessed the impact of escalating geopolitical tensions, concerns over...

How Much Crude Oil is Trading at and Factors Influencing Prices?

Crude oil, often referred to as the lifeblood of the global economy, serves as a critical commodity with far-reaching implications on various industries and...

Oil Prices Retreat, Ending Three-Day Winning Streak

Oil prices experienced a decline on Thursday, interrupting a three-day winning streak, with concerns over diminished demand triggered by an unexpected U.S. crude inventory...

Oil Prices Surge 1% Amid Concerns Over Red Sea Shipping Disruptions

Oil prices experienced a notable increase of more than a dollar per barrel on Tuesday, building on the gains from the previous session. The...

Oil Prices Stabilize Amid Heightened Tensions in the Red Sea and Ongoing U.S. Supply Concerns

In the wake of recent attacks by Iran-aligned Yemeni Houthi militants in the Red Sea, global oil markets experienced minimal movement on Wednesday. Investors...

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