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Oil Price - Gold price edges up as oil price weakens
Gold is pushing higher while oil prices are still edging back from their highs of last week. Gold has held the lower bounce of the current trading range, bouncing from $1670. Now the test of the top ...
Oil prices slide on demand concerns, U.S.-China trade tension
Oil prices fell on Monday, paring last week’s gains, on worries a global oil glut may persist amid slumping demand and U.S.-China trade tensions that could restrict an economic recovery even as ...
Oil price outlook: why Goldman thinks WTI could hit $25/bbl in May
Brent crude and WTI futures prices have trended higher over the last week, as optimism returns to oil markets.
Oil prices slip on fears of renewed US-China trade war
Oil prices dropped this morning after last week’s gains amid fears that heightening tensions between the US and China could impair global economic recovery from the coronavirus pandemic. After their ...
Oil Price Fundamental Daily Forecast – New Tariffs on China Will Worsen Demand Destruction
Over the weekend, a new threat to oil demand emerged. U.S. President Trump said he was considering raising tariffs on China to retaliate for the spread of the coronavirus.