Tag: Petroleum

Oil Rises After Steep Losses, But Recession Fears Limit Gains

Ritu- January 25, 2023 0

Oil prices rose on Wednesday, recovering a measure of sharp losses from the prior session, although fears of a global recession and signs of another ... Read More

Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year

Ritu- January 20, 2023 0

Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery in Chinese demand this year ... Read More

Oil Languishes Below $80 as Recession Fears Outweigh Tighter Supply

Ritu- December 7, 2022 0

Oil hovered near a one-year low on Wednesday as increasing concerns over U.S. economic health and the Federal Reserve largely offset positive supply-side signals from ... Read More

Oil rally Stalls on Weak Chinese Data, Uncertainty Over OPEC Cut

Ritu- December 1, 2022 0

Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude importer China, while markets also ... Read More

Oil on Edge as Markets weigh Poland Strike, Sluggish Demand

Ritu- November 16, 2022 0

Oil prices fell slightly on Wednesday as investors awaited more clarity on a potential Russian missile strike against Poland, while mixed U.S. inventory data and ... Read More

Oil Extends Gains on China reopening Hopes, Tightening Supply

Ritu- November 14, 2022 0

Oil prices rose on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost the country’s crude demand, while ... Read More

Oil Falls on Weak Chinese Data, Hawkish Fed Also Weighs

Ritu- November 3, 2022 0

Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in the world's largest crude importer, ... Read More