The scenario for Brent crude oil at $60-$65 per barrel through 2H just got stronger, Citi Research’s Francesco Martoccia said in a research report.
Inflation could increase if U.S. fiscal policy under the new administration stimulates demand and the Federal Reserve stays ...
Oil prices edged up in Asian trading on Thursday after Saudi Arabia's state oil company sharply raised March oil prices, but the increase was barely a blip on the biggest slide in benchmark ...
Ship & Bunker's G20-VLSFO Index was little changed at $605.50/mt on Wednesday, having reached its lowest level since January 10 the previous day.
Crude oil futures fell more than 2% on Wednesday as traders worried that large increases in U.S. crude and gasoline stockpiles and a potential U.S.-China trade war were signals of weak economic growth ...
Oil futures on Wednesday marked their lowest settlement prices of the year, after official U.S. data showed a weekly climb of nearly 9 million barrels in U.S. crude inventories and as the U.S.-China ...
The latest Energy Information Administration data showed U.S. commercial crude oil stocks jumped 8.7 million bbl for the week ended Friday. Gasoline inventories also jumped 2.2 million bbl, while ...
Oil futures fell Wednesday, poised to mark their lowest settlement of the year so far, after official U.S. data showed a weekly climb of nearly 9 million barrels in U.S. crude inventories and as ...
Yields on two-year Treasuries eased 2 basis points on the day to below 4.2%, which in turn took some sheen off the dollar.
KUWAIT, 5th February, 2025 (WAM) -- The Kuwaiti crude oil price dropped US$1.53 during Tuesday's trading to reach US$77.88 per barrel (pb), compared with US$79.41 pb the day before, Kuwait Petroleum ...
Earlier in the day, the Indian currency opened at 87.12 vs the greenback against Tuesday’s close of 87.07 vs dollar. The ...