Markets & Investment

Oil extends rebound as Saudi Arabia bets on more demand in Asia

Tuesday, February 7, 2023, 6:08 AM MST

Oil rallied as Saudi Arabia signaled confidence in the demand outlook with a surprise boost in crude prices, while investors…

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Oil climbs from one-month low after slump as Cehyan pipe halted

Monday, February 6, 2023, 6:15 AM MST

Oil rose as a major oil pipeline was temporarily halted, while key producers flagged stronger Chinese demand just as more…

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Oil heads for second weekly drop amid ongoing signs of weakness

Friday, February 3, 2023, 6:13 AM MST

Oil headed for a second weekly decline as dimming optimism over a recovery in Chinese demand and rising US stockpiles…

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Oil steadies as traders weigh fed rate outlook and China demand

Thursday, February 2, 2023, 6:38 AM MST

Oil steadied above a three-week low, as traders digested the Federal Reserve’s latest meeting for the outlook on interest rates…

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Oil steadies near $79 before Fed meeting and OPEC+ guidance

Wednesday, February 1, 2023, 6:29 AM MST

Oil steadied before the Federal Reserve’s monetary-policy decision and guidance from producer group OPEC and its allies. West Texas Intermediate…

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Oil set for third monthly drop as China, Fed meeting in focus

Tuesday, January 31, 2023, 6:30 AM MST

Oil headed for a third straight monthly loss as traders awaited clues on China’s economic recovery, the latest guidance from…

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Oil edges lower as commodities ease, investors eye rate hike

Monday, January 30, 2023, 6:25 AM MST

Oil edged lower, along with broader commodities markets, as China’s return from Lunar New Year holidays failed to deliver hoped-for gains.…

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Oil buoyed for a third week on optimism over Chinese demand

Friday, January 27, 2023, 6:05 AM MST

Oil rose along with many other commodities as optimism over Chinese demand countered concerns over a global economic slowdown. West…

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Oil edges higher as China demand and US dollar take centre stage

Thursday, January 26, 2023, 6:24 AM MST

Oil advanced as investors weighed the outlook for Chinese demand, while a weaker dollar made some commodities more attractive for…

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Oil steady as rebound in China weighs against recession fears

Wednesday, January 25, 2023, 6:30 AM MST

Oil held steady as investors weighed the extent of China’s demand recovery and fears a global slowdown with drag down…

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Oil steadies as traders look to China to deliver demand boost

Tuesday, January 24, 2023, 6:21 AM MST

Oil was stable as traders waited for fresh signals on the state of Chinese crude demand after the nation ditched…

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Oil climbs as traders weigh China demand outlook, Russian supply

Monday, January 23, 2023, 6:23 AM MST

Oil rose on expectations of rising demand in the wake of China’s reopening, while the US dollar eased and risks…

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