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 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 ...
Azerbaijani Oil Price Once Again Exceeds $75
Wedoany.com Report-Dec 27,The price of Azerbaijani crude oil has once again surpassed $75 per barrel. A barrel of Azeri Light crude rose by $1.11, or 1.49%, reaching $75.37 on Wednesday. The lowest pr...
NLC Hails Dangote Refinery for Fuel Price Cut
Wedoany.com Report-Dec 27,The Nigeria Labour Congress has commended Dangote Refinery for its recent reduction in fuel prices, describing it as a timely economic relief for Nigerians. Speaking with jou...
RON97 Petrol Price Up By 3 Sen; RON95 And Diesel Unchanged
Wedoany.com Report-Dec 27,The retail price of RON97 petrol will increase by 3 sen to RM3.25 per litre, effective Dec 26, 2024, to Jan 1, 2025, according to the government. Meanwhile, RON95 petrol rema...
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 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...
Green Hydrogen Prices Will Remain Stubbornly High for Decades
Wedoany.com Report-Dec 24,Green hydrogen has been touted by politicians and business leaders alike as a key fuel for a carbon-free future. But it will remain far more expensive than previously thought...
US Natural Gas Prices Jump
Wedoany.com Report-Dec 23,US natural gas futures jumped about 5% to a 23-month high on Friday on early forecasts for much colder weather in mid-January that could freeze oil and gas wells and lift spo...