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…
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…
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…
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…
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…
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…
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.…
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…
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…
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…
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…
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…