- December 22nd, 2024
Oil prices dropped on Tuesday, retracing a portion of the previous day's nearly 2% gain, as U.S. diplomatic efforts to negotiate a ceasefire in the ongoing Middle East conflict, coupled with persistent concerns about China's sluggish economic recovery, weighed on...
Asian trade on Thursday, oil prices rebounded slightly, reversing some of the sharp losses seen in the previous two sessions. This rally came after surprising industry data revealed an unexpected drop in U.S. crude oil stockpiles, countering broader market trends...
Global Crude Prices Fall Amid Disappointment Over China's Economic Plans, Middle East Tensions Loom Oil prices took a sharp plunge on Tuesday, with global benchmark Brent crude dropping as much as 5.6%, and West Texas Intermediate (WTI) retreating by as...
Russia’s crude oil shipments have surged to their highest levels in three months, a development linked to the country's refineries embarking on seasonal maintenance. This rise in exports highlights the resilience of Russia’s oil industry despite production cuts and international...