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).

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 Inch Higher on China Stimulus Hopes By Irina Slav - Dec 26, 2024, 1:38 AM CST Crude oil prices ticked higher today as traders turned optimistic following the latest news about Chinese ...

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.

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 ...

Oil prices rise on China stimulus, possible tight supply in Europe. By Erwin Seba. December 10, 2024 8:38 PM UTC Updated December 10, 2024 An aerial view shows an oil factory of ...

Crude oil and gasoline prices today are moderately higher. ... Crude Supported by China Stimulus Optimism December 10, 2024 — 07:38 pm EST.

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.

China’s $411B stimulus is set to drive commodity demand, adding bullish momentum to oil markets. U.S. economic strength and falling inventories boost crude demand, supporting higher oil prices ...

Oil futures finished lower Wednesday, pulling back from strong gains a day earlier when China's announcement of an aggressive monetary stimulus plan sparked a broad commodities rally. A second ...

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 ...

HOUSTON (Reuters) -Oil prices rose on Tuesday as markets looked to rising demand in China, the world's largest buyer, and possible tight supply in Europe this coming winter and away from the ...