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Oil prices settle lower, but end week in green on easing demand concerns
May 11, 2024 05:42 AM AEST| By InvestingInvesting.com-- Oil prices settled lower Friday, but notched a positive week following big gains earlier this week amid fading hopes of Gaza ceasefire and easing concerns about demand.
Oil prices set for positive week on demand hopes, Middle East tensions
May 10, 2024 10:42 PM AEST| By InvestingInvesting.com-- Oil prices rose Friday, on track for a positive week, after signs of demand growth in both the U.S. and China, while tensions remained strained in the Middle East.
This indicator says oil prices will bottom soon: analysts
May 10, 2024 07:18 PM AEST| By InvestingOil prices are set to bottom in the coming months, The McClellan Market Report, citing recent gold price trends.
Oil prices rise amid mixed China cues, Israel-Hamas ceasefire in focus
May 09, 2024 01:58 PM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Thursday following somewhat mixed trade data from China, while markets continued to watch for any potential signs of de-escalation in the Middle East.
Oil prices inch higher with China cues, Israel-Hamas ceasefire in focus
May 09, 2024 11:30 AM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Thursday as focus turned to upcoming trade data from China for more cues on demand in the world’s largest crude importer.
Oil prices next move likely dip below $80 rather than jump above $90: Macquarie
May 09, 2024 07:12 AM AEST| By InvestingInvesting.com -- Brent oil prices are likely to fall below $80 a barrel rather than break through $90 a barrel as bearish storm clouds are likely grow in the months ahead.
Oil prices settle higher even as US stockpiles fall less than expected
May 09, 2024 05:24 AM AEST| By InvestingInvesting.com -- Oil prices settled higher Wednesday even as U.S. oil supplies fell for less than expected, though signs of a pick up in refining activity ahead of the U.S. summer driving season boost
Oil prices fall as US stockpiles increase; OPEC+ output levels eyed
May 08, 2024 10:38 PM AEST| By InvestingInvesting.co -- Oil prices fell Wednesday as industry data pointed to a sustained increase in U.S. inventories, implying demand from the world's largest consumer is coming under pressure.
Gold prices muted amid uncertainty over interest rates
May 08, 2024 02:36 PM AEST| By InvestingInvesting.com-- Gold prices rose marginally in Asian trade on Wednesday, seeing little support from safe haven demand as recent comments from Federal Reserve officials saw markets second-guess expecta
Oil prices dip as US stockpiles increase, M.East tensions persist
May 08, 2024 12:10 PM AEST| By InvestingInvesting.com-- Oil prices fell in Asian trade on Wednesday as industry data pointed to a sustained increase in U.S. inventories, although losses were limited by continued concerns over geopolitical u
Oil Inventories unexpectedly rise by 509,000 barrels last week: API
May 08, 2024 06:56 AM AEST| By InvestingCrude Oil WTI Futures, the U.S. benchmark, traded at $78.29 a barrel following the report after settling down at $78.38 a barrel.
Oil prices settle lower as US plan to resume buying crude offset by demand jitters
May 08, 2024 05:10 AM AEST| By InvestingInvesting.com-- Oil prices settled just lower Tuesday as traders weighed a U.S. decision to resume buying oil from its emergency reserves and ongoing worries about weaker demand ahead of fresh U.S. cr
Oil prices slip lower; Israel-Hamas ceasefire talks, US inventories in focus
May 07, 2024 10:46 PM AEST| By InvestingInvesting.com-- Oil prices edged lower Wednesday amid uncertainty over global production as a potential Middle East ceasefire hangs in the balance.
Gold prices steady with rate cuts, M.East peace talks in focus
May 07, 2024 03:42 PM AEST| By InvestingInvesting.com-- Gold prices fell slightly in Asian trade on Tuesday, having taken limited support from increased unrest in the Middle East, while focus also remained on potential interest rate cuts by
Oil prices rise as Rafah strike complicates Israel-Hamas ceasefire talks
May 07, 2024 11:40 AM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Tuesday amid growing doubts that talks between Israel and Hamas will yield a ceasefire, especially after an Israeli strike on the city of Rafah in Sou
Oil prices settle higher after wild ride on Gaza cease-fire deal uncertainty
May 07, 2024 04:48 AM AEST| By InvestingInvesting.com -- Oil prices settled higher Monday, after swinging wildly on dwindling hopes for an end to the Gaza war as Israeli Prime Minister Benjamin Netanyahu reportedly said the deal, which was
Oil prices tumble on report Hamas has accepted ceasefire proposal
May 07, 2024 03:32 AM AEST| By InvestingInvesting.com -- Oil prices fell in Monday afternoon trading on reports that Hamas approved a cease-fire proposal aimed at ending the conflict in Gaza.
Gold prices rise tracking dollar weakness as weak payrolls put rate cuts in focus
May 06, 2024 03:02 PM AEST| By InvestingInvesting.com-- Gold prices rose in Asian trade on Monday, capitalizing on a recent drop in the dollar as softer-than-expected U.S. payrolls data saw traders increase bets on eventual interest rate cu
Oil prices rise as Israel-Hamas ceasefire hopes dim
May 06, 2024 11:32 AM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Monday after clocking their worst weekly decline in seven months, amid growing signs that the latest ceasefire talks between Israel and Hamas had yiel
Oil prices fall as hefty weekly losses loom on bets on tighter supplies suffer hit
May 04, 2024 04:16 AM AEST| By InvestingInvesting.com-- Oil prices fell Friday, to remain on course for steep losses this week even as the dollar weakened following a weaker-than-expected U.S. jobs report, while data pointing to rising U.S.
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