- January 21st, 2025
Oil prices continued their downward trajectory for the second consecutive session on Tuesday. This decline is attributed to technical corrections following last week’s gains, compounded by forecasts of ample supply and the impact of a robust U.S. dollar. By 0148...
Oil prices surged to their highest levels in nearly three months on Monday, driven by a more positive sentiment in broader financial markets and tight supplies from key producing regions. Brent crude hovered below $77 a barrel after reaching a...
Oil prices showed mixed movement on Friday as markets reacted to escalating geopolitical tensions in the Middle East and delays in OPEC+ discussions on production policy. Brent crude futures dipped slightly by 7 cents, or 0.1%, to $73.21 a barrel,...
Asian shares took a downturn on Friday, with the yen on track for its strongest weekly performance in four months. This followed Tokyo’s core inflation data for November, which revealed persistent price pressures and fueled speculation about a potential rate...
Oil prices dipped in Asian trading on Thursday, reflecting unease among investors after a surprising build in U.S. gasoline stocks ahead of the Thanksgiving holiday. The unexpected increase sparked concerns over demand in the world's largest consumer of motor fuel....
Oil prices showed stability in early trading on Wednesday as markets digested the implications of a ceasefire agreement between Israel and Hezbollah. The agreement, brokered by the United States and France, marks a potential end to months of border conflict...
Oil prices rose modestly on Friday following intensified geopolitical tensions as Russia announced it had fired a ballistic missile at Ukraine. The development sparked concerns over the potential escalation of the conflict, raising fears of tighter crude supplies in an...
Oil prices inched upward on Thursday, reflecting renewed supply concerns tied to escalating geopolitical tensions in the ongoing Russia-Ukraine war. The uptick comes as market participants balance shifting global demand, stockpile fluctuations, and production uncertainties. Brent crude futures for January...
Oil prices experienced slight gains on Wednesday, buoyed by an intensification of the Ukraine conflict and increasing crude imports by China, the world’s largest oil importer. However, these price increases were tempered by a significant rise in U.S. crude oil...
Oil prices have stabilized near their lowest point this month as the global energy market grapples with demand uncertainty, primarily due to a slowdown in China’s economic growth. Brent crude recently traded around $72 per barrel, while West Texas Intermediate...
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