Crude oil faces technical hurdles at $69.21 as OPEC cuts demand forecasts for 2024-25. Weak Chinese demand weighs on market.
SINGAPORE: Oil prices inched higher on Wednesday underpinned by signs of near-term supply tightness but held near their ...
Firstly, an inflationary surge, as goods from China become ... also very bad for commodity prices. Drill and end the wars ...
Technical analysis suggests that oil prices are eyeing a bounce but could face resistance around $74.00 and $76.35. Click to ...
Oil prices steadied on Tuesday, recovering from a 5% drop over the previous two sessions, as investors absorbed OPEC's latest ...
Since July, OPEC has cut its demand growth forecasts by nearly 20%, mirroring a notable decline in crude oil prices.
Nov 12 (Reuters) - Australian shares fell on Tuesday for a second straight session, dragged down by losses in heavyweight mining and energy stocks as China's latest stimulus plan disappointed ...
Analysts said the market awaits further price direction from OPEC’s monthly report, to be released later on Tuesday, before charting the next course ...
Experts say China's latest stimulus plan falls short in meeting investor expectations, while market players question how new ...
By Emily Chow SINGAPORE (Reuters) -Oil prices were little changed on Tuesday, awaiting further price direction from OPEC's ...
Oil prices decreased by 2% on November 11 following a lackluster stimulus from China, with Brent crude at $72.04 and US WTI ...
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...