Brent oil futures expiring in December fell 1.8% to $77.65 a barrel, while West Texas Intermediate crude futures fell 1.8% to $73.54 a barrel by 19:48 ET (23:48 GMT).

Oil futures ended lower Monday, with Brent prices losing 2% to give back all of last week’s gains and then some, after a weekend announcement by Chinese authorities failed to provide details on ...

Despite stimulus efforts, China's shift towards less energy-intensive sectors and a preference for lower oil prices limit any significant impact on global oil demand or prices.

Oil prices are on track to post a weekly gain on the back of China's economic stimulus and forecasts of lower U.S. crude inventories. Oil prices were rising toward the end of the week, with WTI ...

Oil prices rallied on Tuesday after China stepped up efforts to support its battered economy. ... China's stimulus package isn't the only news driving up crude prices.

Oil prices steadied on Thursday in light holiday trading, ... Oil Prices Steady as China Stimulus Balances U.S. Economic Concerns December 26, 2024 — 12:13 pm EST.

NEW YORK, Dec 26 (Reuters) - Oil edged lower on Thursday in light holiday trade as the dollar's strength offset hopes for additional fiscal stimulus in China, the world's biggest oil importer.

Brent and WTI futures were trading down over 12% each this week, having clocked sharp losses after U.S. President Donald ...

In general, the muted price movement suggests oil traders are now awaiting clearer signals from the US regarding the ...

The American economy faces the unwelcome prospect of reignited inflation after the United States launched strikes on three ...

Additionally, the recent OPEC+ meeting reinforced bullish sentiments by approving a modest production increase of only 411,000 barrels per day for July—far below expectations of a larger supply boost.

Read: Gas prices up for the week as Middle East tensions lift oil In its monthly report released Monday, OPEC said it cut its forecast for demand growth in 2024 by 106,000 barrels a day to 1.9 ...