Oil Prices Dip, But Eye Positive Week On Chinese Demand Bets
by Oil prices fell slightly on Friday as traders weighed the prospect of more economic headwinds from rising interest rates, although renewed optimism over a rebound …
Tag: overnight
Oil Cools After 3-Day Rally Amid Fed Uncertainty, U.S. inventory Build
Oil prices were muted on Thursday as hawkish comments from Federal Reserve officials supported the dollar and brewed some concerns over more interest rate hikes, …
Aussie Falters on Soft Jobs Data, kiwi Calm After Ardern Resignation
The Australian dollar reversed a recent rally on Thursday, as rising fears of a U.S. recession and soft local jobs data knocked the risk-sensitive currency, …