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Brent Oil - Oil Prices Head Lower As Traders Take Profits
Crude oil began the week with a decline as traders took profits from last week’s rally and settled down to wait for market forecasts due this week by OPEC and the International Energy Agency. At the ...
Oil near 2023 highs on Chinese demand recovery expectations
Oil prices held near this year's highs on Monday as easing COVID restrictions in China raised expectations for a demand recovery in the world's top crude importer. Brent crude fell 38 cents, or 0.45 ...
Crude oil lower; monthly demand reports in focus
Oil prices fell Monday, consolidating after last week’s strong gains ahead of the release of demand forecasts from the OPEC and the IEA as well as a deluge of potentially influential economic data due ...
Oil down ahead of industry data
Oil prices fell on Monday ahead of industry data by two major energy watchdogs as well as rising COVID-19 cases in China. International benchmark Brent crude traded at $84.64 per barrel at 10.26 a.m.
Oil dips as China COVID case surge clouds fuel demand prospects
Caution definitely prevails in oil markets amid ambiguity of the rate hikes cycle by (the) Federal Reserve, surprise build-up in US crude oil inventories and whether the IEA (International Energy ...