Oil teetered near little changed, recovering from a two-day decline as traders weighed hotter-than-expected U.S. inflation figures and rising American inventories.
Oil price news: Oil trades near US$85 as U.S.
stockpiles reach highest since JulyBMW EV Sales Surge Even as Rivals Struggle With Weak DemandThames Water Bondholder Warns Haircuts Risk Triggering ContagionLos Angeles Prices Jump 4% as Inflation Reignites in Some CitiesRussian Oil Is Once Again Trading Far Above the G-7’s Price Cap EverywhereANC Support Plunges in South African Poll as Zuma Party SurgesSouth Africa Fossil Fuel Subsidies Top $6 Billion, Study ShowsWhat happens to bank stocks when interest rates go down?Bank of Canada seeks...
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 hits US$85 for first time since October as market tightensU.S. crude futures hit US$85 a barrel in New York for the first time since October, as OPEC+ supply cuts underpin a steadily strengthening market.
Read more »
Oil price news: Oil snaps 3-day drop as Russia attacks add to global tensionOil futures gained on escalating geopolitical unrest following attacks in Russia and a bullish Goldman Sachs Group Inc. note on the outlook for commodities.
Read more »
Oil price news: Oil steady as stronger dollar offsets tightening fundamentalsOil steadied near US$86 a barrel in London as a stronger dollar curbed investor appetite for commodities, offsetting signs of a tighter global crude market.
Read more »
Oil price news: Oil steady as stronger U.S. dollar offsets tightening fundamentalsOil steadied above US$85 a barrel in London as a stronger U.S. dollar curbed investor appetite for commodities, offsetting signs of a tighter global crude market.
Read more »
Oil price news: Oil edges lower as stronger U.S. dollar hampers crude’s rallyOil edged lower as a stronger U.S. dollar outweighed optimism that the Federal Reserve will stick to its path of interest-rate cuts this year.
Read more »
Oil price news: crude oil rally loses steam as technicals signal pullbackWest 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.
Read more »