Oil up Over Strong Economic Data From China, Weakening Us Dollar

Wedoany.com Report-Jan 2,Chinese authorities approve record fiscal stimulus package of 3 trillion yuan to boost economy, contributing to market optimism over future oil demand Oil prices continued to ...

Oil
2025-01-02

Oil Inches Lower in Thin Trade, Investors Eye China, US Data

Wedoany.com Report-Dec 31,Oil prices slipped lower on Monday in thin holiday trade ahead of the year-end as traders awaited more economic data from China and the U.S. later this week to assess growth ...

Oil
2024-12-31

Oil Prices Rise on Crude Drawdown; Natural Gas Falls on Profit-Taking

Wedoany.com Report-Dec 30,It was a mixed bag for commodity prices during the final week of 2024. An unexpectedly large drawdown of 4.2 million barrels — according to the Energy Information Administra...

Oil Prices Ease as Markets Weigh China Stimulus Hopes

Wedoany.com Report-Dec 27,Oil edged lower on Thursday in light holiday trade as the dollars strength offset hopes for additional fiscal stimulus in China, the worlds biggest oil importer. Brent crude ...

Oil
2024-12-27

Oil Prices up in Thin Pre-christmas Trade

Wedoany.com Report-Dec 26,Oil prices were up on Tuesday in thin trade ahead of the Christmas Day holiday, with prices supported by U.S. economic data and rising oil demand in India, the worlds third-l...

Oil
2024-12-26

Oil Gains as Cooling US Inflation Points to Possible Easing

Wedoany.com Report-Dec 24,Oil prices rose on Monday as lower-than-expected US inflation data revived hopes for further policy easing, although the outlook for a supply surplus next year weighed on the...

Oil
2024-12-24

Oil Prices up With Fed Rate Cut Hopes, Us Demand Surge

Wedoany.com Report-Dec 21,Oil prices increased on Wednesday ahead of a possible rate cut decision from the US Federal Reserve (Fed) and data indicating a rise in oil demand in the US, the worlds large...

Oil
2024-12-21

US Agency Expects Oil Production to Grow in 2025 Despite Opec+ Decision

Wedoany.com Report-Dec 12,The US Energy Information Administration (EIA) expects global oil production to increase next year, with the bulk coming from countries outside the Opec+ group. Last week, Op...

Oil
2024-12-12