Tag: Oil prices
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Oil hits new highs as tighter supply offsets China demand concern
Oil hit new peaks on Wednesday with Brent crude touching the highest since April as tighter supply owing to Saudi and Russian output cuts...
Oil holds steady near four-month high on OPEC+ cuts
Oil prices hovered near their highest levels since mid-April after top producers Saudi Arabia and Russia pledged to extend supply cuts through September, further...
Oil slips as US ratings downgrade offsets supply concerns
Oil slid further on Thursday after dropping sharply from more than three-month highs in the previous session as a U.S. government credit downgrade weighed...
Oil dips on signs of profit-taking after rallying in July
Oil prices edged lower on Tuesday on signs of profit-taking after rallying in July when investors wagered on tightening global supplies and demand growth...
Oil to drift lower as slower growth offsets OPEC+ cuts
Oil prices will stall this year as weak economic growth is expected to curb demand and offset the impact of OPEC+ production cuts on...
