Oil Steady as Supply Disruptions From Storm Francine Offset Weak Demand
Elsewhere, global commodity traders Gunvor and Trafigura anticipate oil prices may range between $60 and $70 per barrel on wakened Chinese demand and persistent global oversupply, executives told Asia Pacific Petroleum Conference (APPEC) attendees on Monday.
Oil prices slipped on Tuesday, with Brent futures below $71 a barrel, as lingering demand concerns from China offset support ...
Oil prices slipped to near the lowest since 2021, as traders tracked moves in wider financial markets and monitored a storm ...
Oil futures jumped by a dollar in early trading on Monday as a potential hurricane system approached the U.S. Gulf Coast, and ...
OPEC+ is discussing delaying its oil output increase, scheduled to start in October after oil prices tanked to a nine-month ...
The monthly OPEC report remains bullish on its outlook for demand and economic activity which is expected to drive demand.
Crude oil steadies after sharp losses. OPEC+ delays output hikes, but demand concerns in the U.S. and China overshadow supply ...
Investing.com-- Oil prices moved little in Asian trade on Friday amid persistent concerns over tighter supplies in Libya and ...
OPEC kept forecasts for global oil demand broadly steady, even as the cartel and its allies chose to prolong their supply restraints for another two months.
USD/CAD regains some positive traction amid some follow-through USD buying interest. Subdued Crude Oil prices undermine ...
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