oil price

Analysis / Oil investors are adrift in Red Sea rip currents

Weak demand so far has kept oil prices stable amid the Red Sea crisis, but it could change

Oil climbs on drop in Russia exports, Red Sea jitters

Oil prices rose in Asian trade on Monday, rising nearly 1% in early trade, supported by lower exports from Russia and as attacks by the Houthis on ships in the Red Sea raised concerns of oil supply disruption.

Asian stocks mixed ahead of Fed decision; oil prices slump

Asian shares were mixed on Wednesday, while oil prices slid to six-month lows as traders waited for the year's final policy decision from the Federal Reserve and clues on whether the central bank will cut rates next year.

Oil rises ahead of interest rate decisions, oversupply fears linger

Oil prices ticked up on Tuesday as investors played cautious ahead of key interest rate decisions and inflation data releases, but concerns over supply surplus and slower demand growth kept a lid on gains.

Oil rebounds from six-month-low but demand concerns linger

Oil prices reclaimed some ground on Thursday after tumbling to a six-month low in the previous session but investors remained concerned about sluggish demand and economic slowdowns in the US and China.

Oil steady; market eyes OPEC+ meet, weak demand indicators

Oil was little changed on Thursday as investors remained cautious ahead of expected production cuts by the OPEC+ group.

Oil edges lower in choppy trade as OPEC+ delays meeting

Oil prices fell nearly 1 percent on Wednesday as OPEC+ producers unexpectedly delayed a meeting on production cuts.

Oil extends gains as OPEC+ to mull deeper cuts

Oil futures nudged higher on Monday, extending gains on expectations of OPEC+ deepening supply cuts to shore up prices, which have fallen for four weeks on easing concern of Middle East supply disruption amid the Israel-Hamas conflict.

Oil prices slip on US crude build, China demand worries

Oil prices fell on Thursday, extending losses from the previous session, as signals of higher supply from the United States met worries about lackluster energy demand from China.

February 10, 2024
February 10, 2024

Oil investors are adrift in Red Sea rip currents

Weak demand so far has kept oil prices stable amid the Red Sea crisis, but it could change

December 18, 2023
December 18, 2023

Oil climbs on drop in Russia exports, Red Sea jitters

Oil prices rose in Asian trade on Monday, rising nearly 1% in early trade, supported by lower exports from Russia and as attacks by the Houthis on ships in the Red Sea raised concerns of oil supply disruption.

December 13, 2023
December 13, 2023

Asian stocks mixed ahead of Fed decision; oil prices slump

Asian shares were mixed on Wednesday, while oil prices slid to six-month lows as traders waited for the year's final policy decision from the Federal Reserve and clues on whether the central bank will cut rates next year.

December 12, 2023
December 12, 2023

Oil rises ahead of interest rate decisions, oversupply fears linger

Oil prices ticked up on Tuesday as investors played cautious ahead of key interest rate decisions and inflation data releases, but concerns over supply surplus and slower demand growth kept a lid on gains.

December 7, 2023
December 7, 2023

Oil rebounds from six-month-low but demand concerns linger

Oil prices reclaimed some ground on Thursday after tumbling to a six-month low in the previous session but investors remained concerned about sluggish demand and economic slowdowns in the US and China.

November 30, 2023
November 30, 2023

Oil steady; market eyes OPEC+ meet, weak demand indicators

Oil was little changed on Thursday as investors remained cautious ahead of expected production cuts by the OPEC+ group.

November 23, 2023
November 23, 2023

Oil edges lower in choppy trade as OPEC+ delays meeting

Oil prices fell nearly 1 percent on Wednesday as OPEC+ producers unexpectedly delayed a meeting on production cuts.

November 20, 2023
November 20, 2023

Oil extends gains as OPEC+ to mull deeper cuts

Oil futures nudged higher on Monday, extending gains on expectations of OPEC+ deepening supply cuts to shore up prices, which have fallen for four weeks on easing concern of Middle East supply disruption amid the Israel-Hamas conflict.

November 16, 2023
November 16, 2023

Oil prices slip on US crude build, China demand worries

Oil prices fell on Thursday, extending losses from the previous session, as signals of higher supply from the United States met worries about lackluster energy demand from China.

November 8, 2023
November 8, 2023

Oil prices stutter after hitting 3-months-lows, demand concerns mount

Oil prices stuttered on Wednesday after sliding to their lowest in over three months in the previous session, weighed down by concerns over waning demand in the world's top oil consumers, the United States and China.

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