Tag Archives: crude oil prices

The US Dollar Index rose for the second consecutive day, rising above 106.50, the highest level since last Friday. The dollar received a boost from higher Treasury yields and deteriorating market sentiment following the latest round of earnings results. The Dow Jones dropped 0.32%, and the Nasdaq lost 2.43%. The …

After data on China’s economic growth disappointed, shares of energy companies dropped as oil futures started the week poorly. WTI was down some 1.5% at $74.00 from $76.05. Crude oil prices posted moderate losses on weaker-than-expected Chinese economic data and the restart of crude oil production in Libya as protesters …

Investors will be following the outcomes of monetary policy meetings in the United States, the European Union, and Japan this week, from Wednesday to Friday. Uncertainty over the trajectory of interest rates has recently been common as persistent inflation maintains firm in some places and begins to surrender in others. …

After rising the previous day on optimism about US gasoline consumption, oil prices remained essentially flat on Thursday as traders waited for indications of progress in discussions to lift the US debt ceiling. As of 1142 GMT, Brent oil futures were down 13 cents, or 0.2%, to $76.83 a barrel. …

Oil prices rose in Asian trading on Friday, but were on track for a third consecutive weekly loss, after the markets witnessed sharp declines amid fears of a weak US economy and slowing Chinese demand. And by 0545 GMT, Brent crude rose 60 cents, or 0.8 percent, to $ 73.10 …

Oil prices rose on Thursday, but could not recover from a decline of more than 9 percent in the past three days, as concerns about demand among major consumers outweighed signs that the United States may stop raising interest rates. Brent crude futures rose 50 cents, or 0.7%, to $72.83 …

Oil prices continued their decline on Wednesday, after falling nearly five percent in the previous session to a five-week low, while investors await more rate hikes this week. Brent crude futures fell 13 cents, or 0.2 percent, to $75.19 a barrel by 0015 GMT, while West Texas Intermediate crude fell …

Oil prices fell in Asian trading on Tuesday, extending losses incurred in the previous session, as weak economic data from China and expectations of a US interest rate hike cast a shadow over the market. Brent crude fell 24 cents, or 0.3 percent, to $79.07 a barrel by 0615 GMT, …

Oil prices fell on Monday amid concerns about the economic impact of a possible interest rate hike by the Federal Reserve and weak Chinese manufacturing data, which are enough to offset the supportive impact on oil prices of the new OPEC+ production cuts that took effect this month. The Federal …

Oil prices dipped on Monday as investors worried about the possibility of the Federal Reserve raising interest rates, which would impede growth and reduce gasoline demand, and concerns over lower Chinese manufacturing data combined to wipe out previous gains. Brent futures for July delivery were down 61 cents, or 0.8%, …