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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...

Oil Prices Inch Upward Amidst Inflation and OPEC Anticipation

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

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

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....

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 Decline on Fears of High U.S. Interest Rates Depressing Demand

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...

Oil Set for Weekly Gain on Signs of Strengthening Demand

Oil prices advanced during Asian trading on Friday, marking a significant weekly gain for global benchmark Brent, its first increase in three weeks. The...

Oil Prices Hold Steady, Poised for Modest Weekly Gains Amid Optimism on Demand

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 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...

API Reports 3.1 Million Barrel Decline in U.S. Crude Stockpiles Last Week

The American Petroleum Institute (API) disclosed on Tuesday that U.S. crude inventories experienced a more pronounced decline than anticipated last week, signaling an uptick...

Oil Prices Inch Up Amid Tighter Supply Outlook

Oil prices saw an increase on Tuesday as the balance between supply and demand appeared poised to tighten due to operational disruptions, robust demand,...

Oil Prices Dip on Prospects of Prolonged Higher US Rates and Strengthening Dollar

Oil prices took a tumble by nearly $1 a barrel on Friday, influenced by remarks from U.S. central bank officials hinting at the potential...

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