Tag: Oil prices
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Oil slips as US debt ceiling concerns offset tight supply
Oil prices slipped on Tuesday as investor concern over the risk of a U.S. debt default dampened risk appetite, although a tighter market due...
Oil rebounds on fading risk of US debt default
Oil prices rebounded on Friday from losses of more than 1% the previous day as investors turned cautiously optimistic over the fading risk of...
Oil steady as demand worries face tight supply outlook
Oil prices were steady on Wednesday after a surprise rise in U.S. crude inventories stoked demand concerns as economic worries competed with a tighter...
IEA says oil price downturn ignores looming supply crunch
Weeks of declining oil prices due to concerns over a possible recession clash with the outlook for scarce supply and robust demand later in...
Oil slips as economic worries take focus off tighter supplies
Oil prices fell on Monday as concerns about fuel demand in the top global oil consumers, the United States and China, offset bullish sentiment...
