Oil price rises on confidence over the debt ceiling as a bullish triangle develops. Tuesday’s oil price trading is a little bit higher, continuing the week’s comeback from the weak
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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
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
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
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
The brent crude oil price rose 1.11% to 83.85 per barrel on Tuesday 27 September Brent crude oil dropped 7.1%, while WTI slumped 8.1% under the pressure of a surging