Tag: WTI
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Oil Prices Ease amidst Bearish Demand Outlook
Oil Prices Ease amidst Bearish Demand ExpectationOil prices eased in the global commodities market over a mixed demand outlook. China’s latest data suggest oil...
Oil Prices Climb Concerns over Russian, Iranian Flows
Oil Prices Climb Concerns over Russian, Iranian FlowsOil prices climbed further on Wednesday in the global commodities market amidst concerns over Russian and Iranian...
Oil Rises Amidst Demand, Supply Imbalance
Oil Rises Amidst Demand, Supply ImbalanceOil prices rose in the global commodities market on Monday amidst demand and supply imbalance. The market has seen...
Oil Climbs on U.S Inflation Data, Dollar Index
Oil prices climbed in the global commodities market on Monday on lower than expected inflation data while the U.S. dollar eased.
Oil Dips as U.S Dollar Hits 2-Year High on Rates Cut
The global commodities market saw a decline in oil prices as the US dollar rose above its two-year high following the Fed's rate cut. Brent declined around $72 per barrel while US WTI plunged below $69 per barrel as dollar gain overshadowed 25 basis points Fed funds rates cut.
