Browsing: OIL
Oil prices rise 1% to $64 a barrel amid weak U.S. demand and OPEC+ output growth, but oversupply concerns keep crude headed for a second weekly decline.
Oil prices fell 3% in October as the Fed’s cautious rate cut and Trump-Xi trade talks failed to lift sentiment, while markets await key OPEC+ output decisions.
Oil prices steady at $64.62 as Trump cuts China tariffs to 47% after Xi talks. Markets eye OPEC+ supply boost and Fed rate signals amid easing trade tensions.
Oil falls 2% to $60 as U.S. sanctions on Russia and OPEC+ output talks weigh on sentiment; Lukoil plans asset sale, while traders eye U.S.-China negotiations.
Oil steadies near $66 after U.S. sanctions on Russian giants Rosneft and Lukoil fuel supply fears, setting prices up for a 7% weekly gain.
Oil climbs 4.3% to $65.30 after new U.S. sanctions on Russia’s Rosneft and Lukoil raise supply fears, while India and China seek alternative crude sources.
Oil rises 2% to $62.54 as Trump cancels Putin summit, heightening supply risks. U.S. plans to refill 1M barrels for its Strategic Petroleum Reserve.
Oil prices climb after recent losses, with Brent at $61.52 and WTI at $58.05, as oversupply fears, weak demand, and U.S.-China trade tensions persist.
Oil prices slip to $58 as supply glut fears and renewed U.S.–China trade tensions weigh on demand, with traders awaiting U.S. inventory data for direction.
Oil edges higher as Trump softens China rhetoric, supply outlook shifts, and OPEC+ hints at narrowing 2026 deficit. Brent trades at $63.54, WTI at $59.71.
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