Browsing: Crude Oil
Oil climbs as U.S. crude inventories drop by 3.9M barrels and China reports strong fuel demand. Trade optimism lifts market after 3-day losing streak.
Oil prices edge higher on strong U.S. and China demand, with Brent at $68.84. But global growth concerns and tariff tensions keep gains in check.
Oil prices dip to $69 as OPEC+ plans a 548K BPD output increase for August while traders assess U.S. tariffs and potential global demand impacts.
Oil prices hover near 5-month highs as investors await Iran’s response to U.S. strikes. Brent gains 11% since June 13 amid Strait of Hormuz risks.
Oil prices rise on fears of Middle East conflict escalation and Strait of Hormuz disruption. Brent nears $77 as U.S. weighs potential Iran strike.
Oil prices stay near 5-month highs amid Israel-Iran conflict and a massive 10M-barrel U.S. inventory draw, intensifying supply concerns.
Oil climbs 0.4% on supply fears as Iran rejects nuclear deal and wildfires halt 344,000 bpd in Canada. Weaker dollar adds further support to crude prices.
Oil climbs over $1 as OPEC+ holds July output hike steady at 411,000 bpd. Traders eye U.S. fuel inventories and hurricane season risks for further gains.
Oil prices dip for the second week amid OPEC+ output hike expectations and renewed U.S. tariff uncertainty, keeping traders cautious as demand trends shift.
Oil prices dip as OPEC+ mulls a 411,000 barrels/day output hike, while U.S.-Iran nuclear talks stall and Asian premiums edge higher.
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