Oil price news: crude oil rally loses steam as technicals signal pullback

Philippines News News

Oil price news: crude oil rally loses steam as technicals signal pullback
Philippines Latest News,Philippines Headlines
  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

West Texas Intermediate fell about 2 per cent to settle near US$81, cooling a rally that had carried crude to the highest closing price since late October.

Oil price news: crude oil rally loses steam as technicals signal pullbackTrudeau’s Mega Oil Pipeline Startup Date Hangs on Final 1.6-Mile LegTexas to Release Details of $5 Billion Power-Development FundBlackRock Ditched by Texas Fund Shows Limits of Fink PersuasionPetrobras Bondholders Left Unscathed After $12 Billion Equity RoutCrescent Point Energy Corp. plans to change company name to Veren Inc.China Copper Smelters to Discuss Fees as Crisis Roils SectorU.S.

8 Billion, Mexico Official SaysTexas Deportation Law Gets Skeptical Reception From Key JudgePolish Lawmakers Accuse Central Bank Chief of Bond-Buying FaultsUnited Steelworkers Endorse Biden for President in 2024 BoostSouth Africa’s Ramaphosa Hails Backing for Black-Owned FirmsIntel Wins Almost $20 Billion in Chips Incentives for US PlantsTikTok Draws Fresh Scrutiny From Key US Senate DemocratsAstera Soars 46% After $713 Million IPO Snapped Up on AI DemandBiden’s Newest Rule on Auto Emissions...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BNNBloomberg /  🏆 83. in CA

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil stays near-four month high but Russia export uptick weighsOil stays near-four month high but Russia export uptick weighsBrent crude oil futures contract for May delivery down 15 cents to $86.74 a barrel at 0946 GMT. U.S. West Texas Intermediate (WTI) prices down 9 cents to $82.07
Read more »

Oil price news: Oil rally loses steam as traders await interest rate decisionOil price news: Oil rally loses steam as traders await interest rate decisionOil cooled after a strong run of gains that carried crude into overbought territory, with traders turning their attention to an interest-rate decision by the U.S. Federal Reserve.
Read more »

Oil price news: Oil rises on Russian refinery outages, Iraq export reductionOil price news: Oil rises on Russian refinery outages, Iraq export reductionTightening oil supplies pushed West Texas Intermediate above US$83 a barrel, extending a rally that has propelled prices to the highest since October.
Read more »

Oil price news: Oil holds gain with Russian refining and OPEC+ curbs to the foreOil price news: Oil holds gain with Russian refining and OPEC+ curbs to the foreOil held most its recent gains after reaching the highest close since late October on Monday, as Ukrainian drone attacks on Russian refineries and OPEC+ supply cuts remained in focus.
Read more »

Oil price news: Oil steadies as focus shifts to U.S. stockpiles and Fed’s decisionOil price news: Oil steadies as focus shifts to U.S. stockpiles and Fed’s decisionOil steadied after a two-day gain as an industry group flagged a fall in U.S. crude stockpiles, and traders counted down to an interest-rate decision by the U.S. Federal Reserve that’ll shape the broader market tone.
Read more »

Oil price news: Oil extends gains on China data, attacks on Russian refineriesOil price news: Oil extends gains on China data, attacks on Russian refineriesOil hit a fresh four-month high as Chinese economic data beat expectations, and Ukrainian drone attacks on Russian refineries heightened geopolitical risks.
Read more »



Render Time: 2025-02-26 02:38:27