Crude oil and natural gas prices remain under pressure, while the U.S. dollar index continues to trade higher on safe-haven ...
Easing fears of an oil supply disruption in the Middle East, sluggish global oil demand outlook weigh on the WTI price. Any positive development surrounding more Chinese fresh stimulus plans could cap ...
Over-estimating China’s appetite for crude has been a factor in oil markets this year, especially by the Organisation of the Petroleum Exporting Countries (Opec), and it’s a theme that looks likely to ...
Oil prices held near a two-week low on Wednesday after dropping about 7% over the prior three days on forecasts for less oil ...
The FTSE 100 index is set for a stronger session on the back of the US progress, with futures trading pointing to a rise of ...
Inflation's downward trajectory, combined with slowing wage growth, emphasizes BOE Governor Bailey's recent comments that more aggressive interest rate cuts are possible, Swissquote Bank said, adding ...
In a report sent to Rigzone late Tuesday by Standard Chartered Bank Head of Commodities Research Paul Horsnell, analysts at the company, including Horsnell, said “the path of oil prices in October to ...
Oil traders brace for bearish 2024 outlook as supply is set to outpace demand, with prices pressured by weak Chinese ...
If you look at OPEC and their announcements in terms of usage, they continue to revise the fact that consumption is actually ...
Oil prices edged higher in Europe with traders awaiting more clarity over China’s fiscal policy and further developments on the geopolitical front.
Amid recent sluggish Chinese economic data and uncertainty surrounding potential stimulus measures, oil markets have lost momentum, dragging energy stocks down in European markets.