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Crude oil appears rangebound with limited reason for gains until clearer macroeconomic and demand signals emerge, said Phillip Nova.
Crude oil futures slipped closer to the $60 mark Wednesday as the International Energy Agency issued a bearish view on global supply and demand, saying the market looks "bloated." The IEA's August oil ...
Oil prices fell to over two-month lows on Wednesday after bearish supply guidance from the US government and the International Energy Agency, while investors eyed US President Donald Trump's threat of ...
Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate ( CL=F) futures ...
Healthy food production and ample foods stocks are aiding softer prices. Core inflation, too, lent support, sharply falling to 3.9 per cent from 4.4 per cent ...
In case natural gas manages to settle above the $2.80 level, it will head towards the resistance at $3.00 – $3.05. WTI oil ...
Crude futures posted back-to-back losses after the IEA boosted its supply-growth estimates and cut its demand growth forecasts for this year and next.
The IEA raises its projections for oil supply growth in 2025 while trimming demand forecasts, citing weaker fuel consumption ...
The NYMEX September West Texas Intermediate oil contract was 89cts lower at $62.28/bbl and October WTI was down by about the same to $61.59/bbl at about 11:30 a.m. ET. The October Brent crude contract ...
International crude oil prices continued their downward trend today. Brent Crude was trading 0.38 per cent lower at 65 dollars and 87 cents, while WTI Crude was 0.62 per cent down at 62 dollars and 78 ...
U.S. crude and distillate inventories rose while gasoline stockpiles fell last week, the Energy Information Administration ...
Crude oil inventories in the United States increased by 3.0 million barrels during the week ending August 8, after dropping ...
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