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Middle East, Oil and China
Oil prices steady on Mideast ceasefire push, China demand weighs
Oil prices fell on Tuesday, paring the previous day's nearly 2% rise as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East, and as slow demand in China, the world's top oil importer,
Oil on track for back-to-back gain on China stimulus, lingering Middle East worries
Oil futures moved higher Tuesday, attempting to claw back steep losses suffered last week, with prices supported by a more upbeat prospects for Chinese demand and ongoing concerns that a broader Middle Eastern conflict that could threaten crude flows from the region.
Oil Extends Gains Amid Middle East Tensions, Chinese Stimulus
Oil extended gains after Israeli strikes on Lebanon. Prices were are also supported by Saudi Aramco’s CEO reportedly saying he is fairly bullish on China demand in light of stepped-up policy measures.
Oil prices steady
U.S. crude oil prices rise nearly 1%, extend gains to above $71 per barrel
Oil prices have bounced back somewhat after selling off steeply last week. Beijing cuts its benchmark lending rate on Monday, lending some support to the futures market.U.S. crude oil futures extended gains on Tuesday after rising nearly 2% in the previous session.
Oil prices rise nearly 2%, recovers some of last week's 7% decline
Oil prices settled nearly 2% higher on Monday, recouping some of last week's more than 7% decline, with no letup of fighting in the Middle East and expected Israeli retaliation on Iran worrying markets about supply from the region.
Oil prices steady after 7% weekly drop
Oil prices steadied in early trading on Monday, following a more than 7 per cent drop last week on worries about demand in China, the world's top oil importer, and an easing of concerns about potential supply disruptions in the Middle East.
Oil bounces
IEA Says Oil Demand Growth Weakness to Continue on China and EVs
Global oil demand growth will continue to weaken due to China’s economic slowdown and the rapid uptake of electric vehicles, according to the International Energy Agency.
Saudi Aramco CEO 'fairly bullish' on China oil demand
Saudi Aramco is "fairly bullish" on China's oil demand especially in light of the government's stimulus package which aims to boost growth, the head of the state-owned oil giant said on Monday. "We see more demand for jet fuel and naphtha especially for liquid-to-chemical projects,
Oil bounces as China cuts interest rates; Saudi Aramco CEO 'fairly bullish' on China
Crude oil futures rise on China stimulus measures and Middle East tensions. Saudi Aramco CEO Amin Nasser said he is "fairly bullish" on Chinese oil demand.
8h
The Oil Industry’s Future Hangs In The Balance Of The Election
As U.S. crude oil and gas production nears a potential peak, the outcome of the 2024 presidential election could decide the ...
1d
Crude oil prices today: WTI is trading at $69.97
WTI futures traded around $69.97 per barrel, as of 9 a.m. ET. That’s an increase of 0.27% in the last 24 hours.
Crude Oil Prices
6h
Oil Gains as China Lifts Crude Import Quota
Both key benchmarks gained more than 1.5% on the day, helped by economic optimism out of China and lingering concerns about ...
14h
on MSN
Indian oil minister hopes global oil prices will come down
India's oil minister hopes that global oil prices will come down despite geopolitical tensions as more supplies are coming ...
Opinion
2d
on MSN
Opinion
Why the Oil Market Is Not Shocked
Geopolitical turmoil, particularly in the Middle East, used to send oil prices soaring, as frantic traders—anticipating ...
Opinion
1d
Opinion
Why the Oil and Gas Industry Is So Afraid of Kamala Harris
Mr. Mingle is an independent journalist and the author of “Gaslight: The Atlantic Coast Pipeline and the Fight for America’s ...
4h
Italy's largest insurer expands oil and gas exclusions list
Italian insurer Generali will no longer provide new cover for companies involved in oil and gas transportation, processing ...
NOLA.com
1h
Judge grants more time for new rules on Gulf of Mexico endangered species, a win for oil and gas
A federal judge has granted more time to rewrite rules governing endangered species in the Gulf of Mexico, granting a victory ...
2h
on MSN
Jim Irsay is giving away Eras Tour tickets at Lucas Oil Stadium. Here's how you could win
It's not uncommon for Irsay to give tickets away ahead of Colts game days, but Eras Tour tickets have been notoriously ...
20h
Venezuela Arrests a Former Oil Czar and Accuses Him of Working With the US to Undermine the Industry
Venezuela’s top prosecutor has announced the arrest of a former oil minister and accused him of working with the U.S.
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