Tag Archives: Oil
oil
Oil Holds Above $72, Set for Weekly Gain
CL-OIL (WTI) holds at $72.34 after hitting $73.13, set for weekly gains as demand rises and supply concerns persist. – vtmarkets.com
Oil Prices Rise as Cold Weather Boost Demand
WTI crude rises to $74.13, driven by cold weather and supply concerns; demand projected to grow by 1.6M barrels/day in Q1. – vtmarkets.com
Oil Slips as Strong Dollar Pressures Prices
WTI crude slips below $74 as strong dollar pressures prices; traders focus on U.S. data, China demand, and supply risks. – vtmarkets.com
Oil Ticks Higher with China and U.S. Demand
Oil prices ticked up in thin holiday trading on Monday as traders await Chinese and U.S. economic data. – vtmarkets.com
Oil Rises on Softer US Inflation
Oil climbs on softer U.S. inflation, but China demand worries and a looming 2024 supply surplus keep traders watchful. – vtmarkets.com
Oil Prices Dip on Ample Supply Forecasts
Oil steadies near $70 as traders balance supply growth forecasts with demand recovery from Chinese stimulus measures. – vtmarkets.com
Oil Prices Stabilise on Rising Inventory Data
Oil prices steady as traders digested the latest data on U.S. crude and gasoline inventories. Talks continue of OPEC+ extending production cuts. – vtmarkets.com
Oil Hikes as China Manufacturing Surges
Oil prices rise modestly on stronger-than-expected manufacturing data from China and rising tensions in the Middle East. – vtmarkets.com
Oil Prices Edge Up on OPEC+ Uncertainty
Oil prices rise as Israel-Hezbollah tensions spark supply concerns, with investors awaiting OPEC+ decision on production cuts. – vtmarkets.com
Oil Steadies with Ceasefire and OPEC+ Meeting
Oil prices stabilise amid Middle East developments and anticipation of the OPEC+ meeting. – vtmarkets.com
