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Oil prices held in a narrow range on Tuesday, though the outlook for demand was clouded by a weak manufacturing activity survey from China, and a warning from the head of the International Monetary Fund that the global economy faced a tough year …
Having finally ditched its zero-Covid policy, China is now experiencing a wave of Covid cases. The Chinese purchasing managers’ index, which tracks manufacturing and service sectors, slumped well below economist’s expectations in …
Oil prices dipped on Thursday as surging COVID-19 cases in China dimmed hopes of a recovery in fuel demand for the world's largest crude oil importer. Brent futures for February fell 26 cents, or 0.3%, to $83.00 a barrel by 0430 …
According to trading data on the London ICE exchange, Brent crude rose above $86 per barrel. Thus, at 19:30 (Moscow time) the price of March futures for Brent oil rose to $86 per barrel (a 1,78% rise). December 5, 2022 was the last time …
According to trading platform data at 19:44 Moscow time, the price of Brent crude oil futures for February 2023 delivery grew by 4,05% to $81,15 per barrel on the London ICE exchange. Later, the North Sea oil mixture traded at …
According to the London ICE exchange trading data, Brent crude fell below $80 per barrel. Thus, at 19:07 (Moscow time), the price of February futures for North Sea Brent oil fell to $75,74 per barrel (a 1.85% fall). December 27, 2021 …
Oil prices rebounded in Asian trade on Thursday after slumping to their lowest level this year in the previous session, though concerns of economic slowdowns weakening fuel demand continued to cap gains. Brent crude futures were up 70 …
According to the London Stock Exchange ICE trading data, Brent crude fell below $80 per barrel. . Thus, at 19:59 (Moscow time), the price of February futures for Brent oil fell to $79,99 per barrel (a 3,25% fall). At …
Oil trickled down on Thursday, hovering around two-month lows, as the proposed price cap on Russian oil from G7 nations was considered higher than the current trading levels, alleviating concerns over tight supply. A …
Oil prices inched higher on Tuesday as the dollar eased, but global recession worries and concerns about China’s rising COVID-19 case numbers denting demand from the world’s top crude oil importer weighed on sentiment. Brent …
Oil dropped by about 2% on Friday, logging a second weekly decline, due to concern about weakened demand in China and further increases to U.S. interest rates. Brent crude settled at $87.62 a barrel, falling $2.16, or 2.4%. U.S. West …
A week ago, the U.S. Energy Information Administration cut its crude oil demand outlook for 2023 by 320,000 bpd, with supply also falling, by 300,000. This week, OPEC also revised down its oil demand forecast for next …
According to trading data on the London ICE exchange, today, Brent with delivery for January rose to above $99 per barrel for the first time since August 30. By 18:33 Moscow time, the price of Brent rose by 0.53%, reaching $99.09 per …
Oil prices settled up by more than 5% on Friday amid uncertainty around future interest rate hikes by the U.S. Federal Reserve, while a looming EU ban on Russian oil and the possibility of China easing some COVID restrictions supported …
Oil steadied on Friday as investors weighed the impact of sharp interest rate rises on energy consumption, offsetting hopes of higher Chinese demand and output cuts by OPEC and its allies. Brent crude was down 2 cents at $92.36 a barrel …
Oil prices climbed on Wednesday, paring losses from the previous session, as investors jumped into more risky assets such as commodities amid gains in broader equity markets and on signs of renewed demand from top oil importer China. …
Oil rose on Friday and was headed for a second consecutive weekly gain supported by OPEC+'s decision to make its largest supply cut since 2020 despite concern about recession and rising interest rates. Brent crude was up 0.61% to …
Oil prices were little changed on Wednesday ahead of a meeting of OPEC+ producers to discuss a big cut in crude output after gaining more than 3% in the previous session. Brent crude was up 1 cent at $91.81 a barrel at 0628 GMT, after …
According to trading data, the price of a futures contract for Brent crude oil for delivery in November on the London ICE exchange fell below $89 per barrel for the first time since September 9, 2022. The price of futures for WTI crude …
Oil prices rose by as much as $1 per barrel on Thursday after dropping below key technical support levels in the previous session, as an energy standoff between Europe and Russia focused investor minds on how tight fuel supply may become. …
