Tag Archives: Oil
Oil Prices Consolidate on Mixed Market Signals
Oil prices consolidate as U.S. crude oil inventories decline, but waning optimism over the Chinese economic stimulus and rising Middle East tensions keep markets in a cautious state. -vtmarkets.com
Oil prices on track to finish the week higher following US rate cut
Brent futures, which were trading down 26 cents or 0.4% at $73.62 a barrel early on Friday, have still gained 4.3% over the week. Similarly, US WTI crude, slightly down by 0.2% at $71.80, registered a 4.8% rise for the week. -vtmarkets.com
Oil prices stable as markets eye rate cut decision by U.S. Fed
Oil prices hold stable as markets await the rate cut decision by the U.S. Fed. Geopolitical tensions in the Middle East and supply disruptions from Hurricane Francine support prices. Short-term traders should brace for volatility. -vtmarkets.com
Oil rises for 3rd straight session on supply concerns in Mexico
Oil prices rise for the third straight session, supported by supply concerns from Hurricane Francine in the Gulf of Mexico. However, demand worries persist, especially from China. -vtmarkets.com
Oil prices remain steady amid mixed demand signals and U.S. hurricane effects
Oil prices remained relatively flat on Thursday, as signs of weakening demand across key economies outweighed the potential supply disruptions caused by U.S. hurricanes.
While such storms usually prompt concerns over reduced oil output, the market is seeing conflicting signals, particularly as energy consumption trends lower in several regions.-vtmarkets.com
Oil prices rebound as U.S. Gulf coast braces for hurricane
Key Points: Oil prices made a sharp recovery as the threat of a hurricane in the U.S. Gulf Coast sparked concerns over potential supply disruptions. West Texas Intermediate (WTI) oil prices (Symbol: USOUSD) rose to $68.39 per barrel, while Brent crude oil prices (Symbol: UKOUSD) increased to $71.77 per barrel. Picture: Oil prices increase asContinue Reading
Oil prices lay flat on weak demand and OPEC+ supply delays
Oil prices lay flat after sell-off, balancing weak demand and possible OPEC+ production delay. Traders watch OPEC+ decisions and US crude stock data as global demand concerns persist. -vtmarkets.com
Oil prices slide further on weak Chinese data and potential OPEC+ output increase
Oil prices continued their decline as weak economic data from China and the prospect of increased OPEC+ production in October raised concerns over future demand and supply dynamics -vtmarkets.com
Oil prices recover as Libya supply issues and demand concerns impact markets
Market participants, and the price action for crude oil, are caught between potential supply disruptions from geopolitical tensions in Libya and the Middle East and concerns over weakening global fuel demand. -vtmarkets.com
Oil prices surge as Middle East tensions rise and U.S. rate cut prospects increase
Oil prices continued to climb on Monday as escalating tensions in the Middle East sparked fears of disruptions in regional oil supplies. The conflict, centered on Gaza, saw an escalation over the weekend as Hezbollah launched hundreds of rockets and drones into Israel-vtmarkets.com
