Oil Rises After Steep Losses, But Recession Fears Limit Gains
by Oil prices rose on Wednesday, recovering a measure of sharp losses from the prior session, although fears of a global recession and signs of another …
Tag: Petroleum
Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year
Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery in Chinese demand this year …
Oil Languishes Below $80 as Recession Fears Outweigh Tighter Supply
Oil hovered near a one-year low on Wednesday as increasing concerns over U.S. economic health and the Federal Reserve largely offset positive supply-side signals from …
Oil rally Stalls on Weak Chinese Data, Uncertainty Over OPEC Cut
Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude importer China, while markets also …
Oil on Edge as Markets weigh Poland Strike, Sluggish Demand
Oil prices fell slightly on Wednesday as investors awaited more clarity on a potential Russian missile strike against Poland, while mixed U.S. inventory data and …
Oil Extends Gains on China reopening Hopes, Tightening Supply
Oil prices rose on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost the country’s crude demand, while …
Oil Falls on Weak Chinese Data, Hawkish Fed Also Weighs
Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in the world’s largest crude importer, …