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All Stories: oil prices

Oil prices edge up as OPEC+ output cuts

Oil prices rose on Wednesday, boosted by expectations of U.S. crude inventory declines as well as the latest output cut targets set by the...

Oil prices fall $1 as SVB collapse spooks financial markets

Oil prices fell more than $1 on Tuesday, extending the previous day's slide, as the collapse of Silicon Valley Bank rattled equities markets and sparked fear...

Oil prices head for weekly gain on China growth hopes

Oil prices slipped in early trade on Friday but were on track to post gains of nearly 2% for the week as a rebound...

Oil prices rise as China factory bounce boosts demand outlook

Oil prices extended gains for a second session on Wednesday after a strong jump in manufacturing in China, the world's top crude importer, boosted...

Oil prices edge higher, pause from six-day losing streak

Oil prices rose slightly in thin Asian trade on Thursday, pausing from a six-day losing streak fed by mounting concerns that more aggressive interest...

Oil prices fall on US crude reserve release

Oil prices fell on Tuesday after the U.S. government said it would release more crude from its Strategic Petroleum Reserve (SPR) as mandated by...

Oil prices steady amid China demand revival, high US inventories

Oil prices were broadly steady on Thursday as the prospect of higher fuel demand in China as it reopens post-COVID curbs was offset by...

Oil prices advance on US growth, Chinese recovery hope

Oil prices edged ahead for a second session on Friday, buoyed by stronger-than-expected U.S. economic growth and hopes of a rapid recovery in Chinese...

Oil prices set for second week of gains on brighter China outlook

Oil prices were set to post a second straight week of gains on Friday, spurred largely by brightening economic prospects for China which should...

Oil prices edge up on optimism over China’s reopening

Oil prices rose as much as $1 on Friday, extending gains from the previous session, supported by hopes of a China demand boost and...

Oil slides on worries on China, IMF slow-growth expectations

Oil prices slid on Tuesday from their highest levels in a month after Chinese economic data dampened market sentiment and the head of the...

Oil prices climb on easing China COVID-19 curbs

Oil prices rose to three-week highs on Tuesday as China's latest easing of COVID-19 restrictions raised fuel demand hopes and concerns that winter storms...

Oil rises on tight US stocks as winter blast hits

Oil prices climbed for a fourth straight day on Thursday with U.S. crude, heating oil and jet fuel stocks growing tighter just as a...

Oil prices steady as drawdown in US crude stocks counters China COVID concerns

Oil prices were little changed on Wednesday as a larger-than-expected draw in U.S. crude stocks offset worries about rising COVID-19 cases in top oil...

Oil prices inch up, but China COVID surge limits gains

Oil prices edged up on Tuesday, supported by a softer dollar and a U.S. plan to restock petroleum reserves, but gains were capped by...

Oil falls close to 2022 lows on economic worries

Oil weakened on Wednesday, with Brent crude falling close to its lowest this year, pressured by concern about recession and easing fears that a...

Oil prices fall on higher US dollar, economic fears

Oil prices fell in a volatile market on Tuesday, as a stronger US dollar and economic uncertainty offset the bullish impact of a price...

Russia says oil price cap ‘will not affect’ Ukraine offensive

MOSCOW: The Kremlin said on Monday that a price cap on Russian oil exports agreed by the European Union, G7 and Australia will not...

Oil prices surge after OPEC+ reaffirms oil output targets

MELBOURNE: Oil prices inched up in early trade after OPEC+ nations reaffirmed their oil output targets ahead of a European Union ban and price...

Russia says it won’t accept oil price cap and is preparing response

Russia "will not accept" a price cap on its oil and is analysing how to respond, the Kremlin said in comments reported on Saturday,...
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