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
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
Brent Crude Oil futures rose 3.12% at 96.33 on Friday. Asia market oil prices fell on Thursday and more down because of the increased supply market is afraid that the
Brent Oil was trading 3.52% down at $70.94. Oil prices slumped by about $3 on Monday as surging cases of the Omicron coronavirus variant in Europe and the United States
Brent Oil  was trading 1.34% up at  $76.19. Oil prices extended their rally on Monday as investor appetite improved amid growing relief the Omicron coronavirus variant may not cause severe illness
Brent Oil was trading 0.05%down at $74.36. Oil prices were on track for their biggest weekly gain since late August, with market sentiment buoyed by easing concerns over the Omicron