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Category: Prices

Category:
  • Prices

Oil Dips as Looming Interest Rate Rises Spur Concern on Growth

Oil dipped as the dollar strengthened ahead of central-bank meetings this week that are expected to lead to further monetary tightening, heightening concern among traders that economies could weaken. Brent Continue Reading

Posted On : 19 Sep 2022 Published By : Tom Whipple
Category:
  • Prices

Oil falls more than 1.5% on demand fears and strong dollar

Oil fell by more than 1.5% on Monday, pressured by expectations of weaker global demand and by U.S. dollar strength ahead of possible large increases to interest rates, though supply Continue Reading

Posted On : 19 Sep 2022 Published By : Tom Whipple
Category:
  • Prices

Fears Of Economic Slowdown Cap Crude Prices

The oil market is currently very much focused on the bearish signals, with prices reflecting fears of slowdown in China, a slowdown or recession in the U.S., and a recession Continue Reading

Posted On : 19 Sep 2022 Published By : Tom Whipple
Category:
  • Prices

Analysis: Lower oil prices defy robust forecasts for global demand

 Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy demand. But no major forecaster is Continue Reading

Posted On : 17 Sep 2022 Published By : Tom Whipple
Category:
  • Prices

Oil prices up after Basra spill, but log weekly decline

General view of the Fos-Lavera oil hub near Marseille, France, September 17. REUTERS/Jean-Paul Pelissier Brent and WTI head for weakest quarter since 2020 Exports ‘gradually’ resume after spill at Iraq’s Continue Reading

Posted On : 17 Sep 2022 Published By : Tom Whipple
Category:
  • Prices

Latest Oil Market Reports Show Broad Balance Agreement

The latest monthly oil market reports show a broad agreement about balances. The latest monthly oil market reports show a broad agreement about balances, Standard Chartered (SC) highlighted in a Continue Reading

Posted On : 17 Sep 2022 Published By : Tom Whipple
Category:
  • Prices

Oil steadies as demand concerns weigh, supply worries support

 Oil steadied on Thursday as expectations of weaker demand and a strong U.S. dollar ahead of a potentially large interest rate increase balanced supply concerns. The International Energy Agency said Continue Reading

Posted On : 15 Sep 2022 Published By : Tom Whipple
Category:
  • Oil Supply
  • Prices

WTI Inches Higher After EIA Reports Small Crude Inventory Build

Crude oil prices inched higher today after the Energy Information Administration reported an inventory increase of 2.4 million barrels for the week to September 9. This compared with a sizeable Continue Reading

Posted On : 15 Sep 2022 Published By : Tom Whipple
Category:
  • Prices

US Natural Gas Surges on Hot Weather and Threat of Rail Strike

 Natural gas futures surged the most among major US-traded commodities as hot weather forecasts and a looming rail strike added to concern about tight supplies ahead of winter. Gas for Continue Reading

Posted On : 15 Sep 2022 Published By : Tom Whipple
Category:
  • Prices

Oil prices inch lower on prospect of rising U.S. interest rates

Oil prices inched lower on Wednesday on concerns of another U.S. Federal Reserve interest rate hike next week after consumer prices unexpectedly rose in August, outweighing support from a robust Continue Reading

Posted On : 14 Sep 2022 Published By : Tom Whipple

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