Oil prices settle lower as IEA warns that trade tensions will undercut demand
Oil futures headed lower on Thursday after the International Energy Agency’s monthly report underscored worries that rising global trade tensions could undercut energy demand.
Oil Prices Dip Despite Bullish Demand Outlook
Crude oil prices dipped despite a significant U.S. gasoline inventory draw indicating strong demand, as concerns about global economic impact and increased OPEC production weighed on the market.
Oil News: Prices Steady as Traders Weigh Demand Strength Against Supply Risks
Oil prices hold steady as traders assess strong demand against rising U.S. production and OPEC+ supply risks. Will the market break higher? Key insights inside.
Oil dips, pressured by tariff worry, supply-demand expectations
Oil prices slipped on Thursday as markets weighed macroeconomic concerns, including the risk that tariff wars between the U.S. and other countries could hurt global demand. Brent futures were down 54 cents,
Oil Prices Rebound on Resilient Demand Signals
Crude oil prices rebounded following sharp losses, driven by a revised EIA outlook, a shift in IEA rhetoric, and reports of rebounding Asian imports, despite an estimated US crude oil inventory build.
Oil Prices Flat as Near-Term Demand Offsets Wider Economic Fears
Oil prices are broadly flat, with Brent crude at $70.99 a barrel and WTI at $67.69 a barrel. Brent gained in Wednesday’s session before paring some gains, as traders weighed near-term demand strength against broader economic uncertainties,
Trade War Erodes Oil Demand as OPEC+ Boosts Supply, IEA Says
Global oil demand is under pressure from the escalating trade war at the same time that OPEC+ is reviving output, threatening to deepen a supply surplus, the International Energy Agency said.
Oil slides as IEA sees trade tensions weighing on oil demand while supply surplus rises
Crude oil futures surrendered some of the previous session's gains on Thursday, with market sentiment weighed by continuing concerns over the potential economic impact of trade tariffs along with a fresh warning over a potential surplus in global crude supply.
Oil Prices Dip Amid Recession Fears, Rising Supply, and Trade War Concerns
Oil prices edged lower in Asian trading Thursday, easing after a recent rebound as concerns over a potential U.S. recession and increasing production weighed on sentiment. Brent crude futures slipped 0.
Oil prices under $60 a barrel would hit small producers, Occidental Petroleum exec says
Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY ...
What Will Geopolitical Uncertainties Do To Crude Oil Prices?
The price of nearby WTI crude oil futures has not been materially under $65 per barrel in almost four years, but that level ...
Oil News: Crude Prices Stagnate as Economic Fears Counter Supply Tightness
Crude oil prices hold steady as supply tightness supports the market, but economic fears and trade risks keep upside momentum ...
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Crude oil prices pare weekly loss as US sanctions offset bleak IEA outlook
The White House imposed sanctions on Iran’s oil minister and on more companies and vessels used in the transport of the OPEC ...
Crude prices end higher on report of U.S. plan to refill its oil reserve
Oil futures settled higher Friday, buoyed by reported U.S. plans to refill the nation’s Strategic Petroleum Reserve to full ...
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Crude Oil Prices Tumble on Demand Concerns
Crude oil and gasoline prices on Monday posted moderate losses. Monday's selloff in the S&P 500 to a 5-3/4 month low sparked risk-off sentiment in asset markets, weighing on crude prices.
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Oregon gas prices easing as crude oil prices fall; AAA reports; Bend drops a nickel a gallon
Pump prices continue to tick down, thanks in part to lower crude oil prices which have posted seven consecutive weeks of ...
Natural Gas and Oil Forecast: Will Supply Cuts Push Prices Higher This Week?
Oil prices face resistance as OPEC+ struggles with supply cuts. Will demand hold steady, or is a downturn ahead? Read the ...
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Crude Oil Prices Lower on Risk-Off and Tariff Woes
Crude oil and gasoline prices today are moderately lower. Today's selloff in the S&P 500 to a 5-1/2 month low has sparked risk-off sentiment in asset markets, weighing on crude prices.