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Oil Prices Retreat from Seven-Week Highs on Mixed Signals

Oil prices retreated on Wednesday after reaching seven-week highs, influenced by conflicting factors of summer demand optimism and geopolitical tensions, despite an unexpected increase...

Oil Steady Amid U.S. Stock Build but War Jitters Abound

Oil prices remained largely steady on Wednesday, hovering near their highest levels in seven weeks. Brent crude futures eased by 34 cents to $84.99...

Indonesian Stocks Close Slightly Lower, IDX Composite Index Falls 0.04%

Indonesian stocks closed slightly lower on Wednesday, with the IDX Composite Index slipping by 0.04% to reach a new six-month low by the end...

Oil Prices Set for Best Week in Over 2 Months on Demand Outlook and OPEC+ Compliance

Oil prices are showing signs of moderation on Friday as investors weigh the implications of U.S. interest rates remaining elevated for an extended period....

Oil Prices Decline Amid US Growth Concerns and Abundant Crude Supply

Early trade on Thursday saw a drop in oil prices as investors processed the likelihood of the U.S. Federal Reserve postponing a potential interest...

Oil Climbs on Optimistic Demand Outlook

Oil prices rose on Wednesday, driven by positive global demand forecasts from the U.S. Energy Information Administration (EIA) and the Organization of the Petroleum...

Oil Prices Near Four-Month Low Amid OPEC+ Supply Outlook and Rising U.S. Stocks

Oil prices remained near four-month lows on Wednesday as markets anticipated a supply increase later this year when OPEC+ begins to unwind some output...

Oil Prices Steady Amid Rate and Inflation Concerns, Despite Large Inventory Draw

Oil prices remained steady in Asian trade on Thursday as optimism over a larger-than-expected draw in U.S. inventories was tempered by caution ahead of...

Oil Prices Dip Amid Demand Concerns; U.S. Stockpiles Data Awaited

Oil prices eased on Thursday as robust U.S. economic activity suggested that borrowing costs might remain elevated for a longer period, potentially dampening demand....

European Stocks Mostly Lower Ahead of Key Inflation Data

European stock markets largely fell on Thursday, influenced by rising global bond yields and the anticipation of crucial inflation data set to be released...

Oil Prices Stabilize Amid OPEC+ Restraint and Interest Rate Uncertainties

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

Oil prices held steady in Asian trading on Monday as markets anticipated the upcoming OPEC+ meeting scheduled for June 2, during which producers are...

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