- November 21st, 2024
Oil prices steadied on Monday after a sharp decline last week, which saw Brent and West Texas Intermediate (WTI) crude futures plummet by over 7% and 8% respectively. Concerns about slowing demand from China, the world's largest oil importer, and...
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...
After four consecutive days of losses, global oil prices saw a rebound as traders weighed the escalating tensions in the Middle East and their potential impact on crude production against rising concerns over a global oversupply of oil. Brent crude...
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...
Stock markets were mixed on Friday, with oil prices rising due to concerns about the impact of the Israel-Hamas conflict on Middle Eastern supplies. European gas prices reached their highest levels since February, and Energi Danmark analysts attributed the recent...