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Tag Archives: crude oil prices

Oil falls as focus remains on inflation fears

) – Oil prices fell more than $2 on Thursday as investors focused on the prospect of a significant US interest rate hike, which would curb rising inflation but at the same time hurt oil demand. Brent crude futures for September fell $2.14 to $97.43 a barrel by 1038 GMT, …

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Oil falls as focus remains on inflation fears

) – Oil prices fell more than $2 on Thursday as investors focused on the prospect of a significant US interest rate hike, which would curb rising inflation but at the same time hurt oil demand. Brent crude futures for September fell $2.14 to $97.43 a barrel by 1038 GMT, …

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OPEC expects oil demand to slow in 2023

OPEC

The Organization of the Petroleum Exporting Countries (OPEC) expects global demand for oil to increase next year, but at a slightly slower pace than this year, as consumption will receive support from the improved control of the Covid-19 pandemic and the continued recovery of global economic growth. In its monthly …

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