Tag: OPEC
UBS Bullish on Oil, Gold, and Copper Amid Geopolitical Uncertainty
Jennifer -
UBS reaffirmed its optimistic stance on oil, gold, and copper amidst escalating geopolitical tensions in the Middle East. The recent surge in tensions was triggered...
Oil Prices Stabilize Amid OPEC+ Restraint and Interest Rate Uncertainties
Jennifer -
Global oil prices found stability on Tuesday, as anticipation of OPEC+ sustaining oil supply constraints at its June 2 gathering, coupled with optimism surrounding...
Oil Prices Maintain Stability Ahead of OPEC+ Meeting
Jennifer -
Oil prices held steady in Asian trading on Monday as markets anticipated the upcoming OPEC+ meeting scheduled for June 2, during which producers are...
Oil Prices Inch Upward Amidst Inflation and OPEC Anticipation
Jennifer -
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 Stable Amid U.S. Rate Fears and Seasonal Demand Strength
Jennifer -
Oil prices held steady on Friday, with investors weighing the latest statements from the U.S. Federal Reserve regarding interest rates amidst persistent inflation concerns....
Is Now a Prudent Time to Invest in Oil Companies?
Jennifer -
In the realm of investing, the energy sector, particularly oil, has long been a focal point for investors seeking opportunities for growth and stability....
Oil Prices Extend Decline on Surprise US Inventory Build and Rate Concerns
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In Asian trading on Wednesday, oil prices continued their downward trend as industry data revealed an unexpected increase in U.S. inventories, while ongoing apprehensions...
Oil Prices Decline on Fears of High U.S. Interest Rates Depressing Demand
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Oil prices fell in early Asian trade on Tuesday as investors anticipated that persistent U.S. inflation and higher interest rates could dampen consumer and...
What determines the price of gasoline?
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Gasoline prices are a topic of perennial interest and concern for consumers, businesses, and policymakers alike. The fluctuation of fuel costs at the pump...
Oil Prices Hold Steady, Poised for Modest Weekly Gains Amid Optimism on Demand
Jennifer -
Oil prices exhibited minimal movement in Asian trading on Friday but were on track for a mildly positive week, buoyed by a softer dollar,...
Oil Prices Rally as Soft CPI Weakens Dollar and US Inventories Decline
Jennifer -
Oil prices surged in Asian trading on Thursday, extending gains from the previous session as a softer-than-expected U.S. consumer inflation reading weakened the dollar...