Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...
HOUSTON (Reuters) -Oil prices rose on Monday, recouping some of last week’s more than 7% decline, with no let up of fighting in the Middle East and the expectation of retaliatory Israeli attacks on ...
Oil prices deepened their losses on Friday, due to renewed concerns about demand slowdown from China. Brent crude futures for December delivery dropped 1.85%, or $1.39, to settle at $73.06 a barrel.
Oil futures steadied on Friday after data showed a fall in crude and fuel inventories in the United States and the emergence of more fiscal stimulus to boost China's economy, though prices were headed ...
HOUSTON, Oct 18 (Reuters) - Oil futures fell on Friday, declining more than 7% on the week after data showed China's economic growth slowed and investors digested a mixed Middle East outlook.
Crude oil futures inched higher on Friday, supported by a surprise drop in U.S. oil inventories and simmering Middle East tensions, but prices were headed for their biggest weekly loss in more than a ...
0803 GMT – Oil prices are broadly stable in early European trading but still on track for a weekly loss of around 6%. Brent crude and WTI are both flat at $74.45 and $70.70 a barrel ...
Oil futures dropped on Friday as they headed for a roughly 7% weekly drop as China's economic growth slowed and threats to supply abated in the Middle East. Brent crude futures fell 89 cents, or 1.2%, ...
US crude production reached a record high of 13.5 million barrels per day last week, according to EIA data. Image: Shutterstock Crude oil futures inched higher on Friday, supported by a surprise drop ...
Oil futures fell on Friday, declining more than 7 per cent on the week after data showed China’s economic growth slowed and investors digested a mixed Middle East outlook. Brent crude futures ...