Tag: Crude oil futures
Crude oil up on China’s industrial production growth
Expansion in China’s industrial production and the continued drone attacks on Russian refineries by Ukraine helped boost the price of crude oil futures on...
Crude oil gains as industry data shows rise in US inventories...
Crude oil futures traded higher on Wednesday morning as the industry data showed a small increase in crude oil inventories in the US. At...
Crude oil up as Israel-Hamas ceasefire talks hit roadblock
At 9.52 am on Friday, May Brent oil futures were at $82.21, up by 0.37 per cent; and April crude oil futures on WTI...
Crude oil trades marginally lower as US-led forces launch fresh attacks
Crude oil futures traded marginally lower on Tuesday morning as US-led forces conducted new attacks on the Houthis in the Red Sea. At...
Crude oil down as market awaits data from key economies
Crude oil futures traded lower on Monday morning as the market awaited key inflation data from several economies during the week. At 9.53 am...
Crude oil rises on near-term strong demand outlook
Crude oil futures traded higher on Thursday as the market foresees strong demand outlook in the near term. At 9.53 am on Thursday, April...
Crude oil up as market awaits more data indicators
Crude oil futures traded higher on Wednesday morning. The market is awaiting more demand signals as PMI (purchasing managers index) data of some economies...
Crude oil down as hopes of quick US rate cuts fade
Crude oil futures traded lower on Monday morning as some officials of the US Federal Reserve stressed the need for patience towards interest rate...
Crude oil declines as International Energy Agency projects drop in demand
Crude oil futures traded lower on Friday morning as the oil market report by the IEA (International Energy Agency) indicated a decline in global...
Crude oil down as industry data indicates inventory build in US
Crude oil futures traded lower on Wednesday morning as industry data showed a large increase in crude oil inventories in the US. At 9.53...