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Oil prices up amid Middle East turmoil, US inflation data in focus

- Unrest in Middle East continues to impact oil prices as market players fear global supply disruptions

11:02 Oil

Oil prices fall with demand concerns over China's insufficient stimulus plan

- Experts say China's latest stimulus plan falls short in meeting investor expectations, while market players question how new stimulus package will affect oil prices

12.11.2024 Oil

Oil prices fall as Beijing's latest stimulus disappoints investors

- Supply concerns ease as threat of disruption from Hurricane Rafael in US Gulf of Mexico subsides

11.11.2024 Oil

Oil prices set for weekly rise amid OPEC+ supply decision, Fed rate cut

- Market players this week mainly focus on US presidential elections and Fed interest rate decision

08.11.2024 Oil

Oil prices down as storm in Gulf of Mexico expected to bypass US coast

- The hurricane, which is gradually weakening, is expected to avoid US coastal states

08.11.2024 Oil

Oil down with low US demand, investors expect US Fed rate cut

- Prospect of increased economic activity in both US and China support upward price movements

07.11.2024 Oil

Oil prices drop with weak US demand, strong dollar amid election results

- API reports 3.13 million barrels increase in US commercial crude oil inventories, surpassing market expectations of a 1.80 million barrel rise

06.11.2024 Oil

Oil prices down ahead of US elections, ongoing cease-fire negotiations in Mideast

- Egyptian President says intense efforts are ongoing to achieve a cease-fire in Gaza Strip

05.11.2024 Oil

Oil prices surge as OPEC+ delays output increase, US elections loom

- Weaker dollar likely to drive up demand by making oil more affordable for buyers using other currencies

04.11.2024 Oil

Oil prices see weekly fall amid data indicating a turndown in US economy

-Surge in US dollar ahead of elections following lower expectations for another Fed rate cut in December supported further price falls

01.11.2024 Oil

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Oil prices up with possibility of Iran preparing to attack Israel

- News story claims Iran may retaliate with numerous unmanned aerial vehicles and ballistic missiles from Iraqi territory before US Presidential elections on November 5

01.11.2024 Oil

Oil prices drop with slower US economic growth, Middle East ceasefire negotiations

- Data indicating a decline in US commercial crude oil inventories limits further price drops by easing market players' demand concerns

31.10.2024 Oil

Oil prices up amid strong demand data from US

- Israel's ongoing attacks in the Middle East, where most global oil resources are located, support upward price movements

30.10.2024 Oil

Oil prices rebound after easing geopolitical risks spark losses

- Easing geopolitical risks in Middle East trigger losses in previous session while US plan to buy oil for Strategic Petroleum Reserve provided some support

29.10.2024 Oil