Oil continues to fall ahead of anticipated interest rate increases. FUNDAMENTAL OVERVIEW After falling 5% the previous session, oil prices continued to decline on Wednesday as investors worried about the
Fears of Rising Rates and Worsening Growth Push Oil Prices Near 5-Week Low. In conclusion, oil prices are facing multiple headwinds including rising interest rates, slowing economic growth, and the
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Despite positive China statistics, oil declines due to economic concerns. FUNDAMENTAL OVERVIEW BRENT CRUDE OIL TECHNICAL ANALYSIS DAILY CHART: Technical Overview Brent Crude Oil is currently trading in the up
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After the OPEC production cut, crude oil gains continue; API data is forthcoming. Following OPEC+’s unexpected move to reduce its production levels, oil prices increased on Tuesday, adding to the
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Political unrest and supply issues cause the price of crude oil to increase. Oil prices traded higher Monday, recouping some of last week’s heavy losses on heightened geopolitical tensions and
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Oil prices were steady on Thursday, as optimism over recovering Chinese demand was offset by U.S. oil inventories hitting their highest in months and signs the U.S. Federal Reserve could
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Oil rose on Friday and was heading for a second straight weekly gain, spurred largely by brightening economic prospects for China and resulting expectations of a boost to fuel demand
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Crude Oil Prices are higher, but Recessions Fears Spell Weekly Losses. Brent Crude Oil futures rose 3.12% at 96.33 on Tuesday. Asia market oil prices fell on Thursday and more
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Crude Oil Prices are higher, but Recessions Fears Spell Weekly Losses. Brent Crude Oil futures rose 3.12% at 96.33 on Friday. Asia market oil prices fell on Thursday and more
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Crude Oil Prices are higher, but Recessions Fears Spell Weekly Losses. Brent Crude Oil futures rose 3.12% at 96.33 on Friday. Asia market oil prices fell on Thursday and more
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