Oil down as markets price in potential interest rate hikes Oil down as markets price in potential interest rate hikes By admin on April 19, 2023 US estimates fall of 2.67 million barrels in crude stocks against market expectation of 2.46 million-barrel drop
Oil up as China’s improving economic data signals strong demand Oil up as China’s improving economic data signals strong demand By admin on April 18, 2023 Positive economic data, with highest growth rate since first quarter of last year, comes after China’s strict zero-COVID period, during which oil demand fell dramatically
Oil rises over IMF optimism on economic recovery Oil rises over IMF optimism on economic recovery By admin on April 12, 2023 However, API figures show forecast rise of over 377,000 barrels in US crude oil inventories, indicating weak demand
US stock market in negative territory Friday during mid-day trading US stock market in negative territory Friday during mid-day trading By admin on March 28, 2023 Oil prices lose more than 2%
Oil prices fall amid US banking crisis, low demand Oil prices fall amid US banking crisis, low demand By admin on March 23, 2023 US commercial crude oil inventories increase by 1.1M barrels against expectation of 1.45M barrel drop
Oil extends losses as investors await US Fed interest rate policy Oil extends losses as investors await US Fed interest rate policy By admin on March 20, 2023 Both benchmarks posted their 15-month lows last week over global recession fears caused by US banking sector failures
Oil prices rise as OPEC’s optimistic China demand outlook boosts market sentiment Oil prices rise as OPEC’s optimistic China demand outlook boosts market sentiment By admin on March 16, 2023 OPEC says China’s reopening, following lifting pandemic restrictions, will add considerable momentum to global economic growth
Oil prices increase with expectations of growth in Chinese demand Oil prices increase with expectations of growth in Chinese demand By admin on March 16, 2023 US commercial crude oil inventories rose by around 1.6M barrels against market expectation of 555,000 barrels rise
US stocks close Wednesday mixed US stocks close Wednesday mixed By admin on March 16, 2023 VIX volatility index jumps 10.1% to 26.14
US stock exchanges lose more than 1% midweek US stock exchanges lose more than 1% midweek By admin on March 15, 2023 VIX volatility index jumps 18.8% to 27.95; crude falls more than 4%
