US stocks start week on soft note, ending lower US stocks start week on soft note, ending lower By admin on June 6, 2023 VIX volatility index rises 0.9%, oil prices gain around 0.3%
Oil up over weaker dollar amid uncertainties of OPEC+ next output move Oil up over weaker dollar amid uncertainties of OPEC+ next output move By admin on May 27, 2023 Cheaper crude oil for non-dollar holders, thanks to a weaker US dollar, encourages greater crude trade
Oil prices decline with strong dollar, US debt uncertainty Oil prices decline with strong dollar, US debt uncertainty By admin on May 25, 2023 Price decline is limited with higher than expected US crude inventory fall of 12.5 million barrels
Oil increases over US strategic reserve replenishment plan Oil increases over US strategic reserve replenishment plan By admin on May 16, 2023 US government says offers for August delivery of 3 million barrels of “sour crude oil” will be submitted by May 31
Oil down on disappointing data from China, US Oil down on disappointing data from China, US By admin on May 12, 2023 Lower-than-expected consumer price index in China and rising stockpiles in US indicate weak demand, exerting downward pressure on prices
Oil falls as markets await US inflation data Oil falls as markets await US inflation data By admin on May 9, 2023 Raging wildfires in Canada’s Alberta province impact country’s oil production, limiting further price increases
US stocks open mixed before Fed’s key rate decision US stocks open mixed before Fed’s key rate decision By admin on May 3, 2023 Gold rises to $2,018 per ounce, oil prices down more than 3.3%
Oil up with data signaling improving demand in US ahead of Fed meeting Oil up with data signaling improving demand in US ahead of Fed meeting By admin on April 29, 2023 If Fed raises interest rates by another 25 basis points, as widely expected, demand concerns in US will worsen, putting downward pressure on prices
Oil slightly up as markets focus on monetary policies Oil slightly up as markets focus on monetary policies By admin on April 25, 2023 Increased oil consumption in China boosts bullish sentiment, as does increase in travel due to relaxation of strict pandemic restrictions
US stocks finish Monday mixed, Nasdaq in negative territory US stocks finish Monday mixed, Nasdaq in negative territory By admin on April 25, 2023 Tech-heavy index falls 0.29%, precious metals in positive territory, oil prices up more than 1%
