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July 3, 2024
Faisal islam the latest geopolitical tensions and how it could drive up prices for all, especially poor countries. Weve got ourforecast down from 1. 7 in april, down to 0. 8 . We have already said risks were the downside when we made this forecast was down by almost one percentage point. There are number of factors, the continuing crisis in the world that we see and now of course we have the crisis in The Middle East. We have the slowdown in growth in china, we also have high Interest Rates that...
April 25, 2024
Crude oil futures settled higher on Thursday, recovering from recent losses, despite data showing slower than expected U.S. first-quarter GDP growth..
January 25, 2024
Oil prices climbed higher on Wednesday on data showing a larger-than-expected decline in U.S. crude inventories and amid optimism about increased demand from China after announcement of stimulus.
January 11, 2024
Oil futures settled higher on Thursday as prices rebounded on likely disruptions in trade and supplies amid rising tensions in the Middle East..
January 10, 2024
Crude oil prices dropped on Wednesday after data showed an unexpected increase in U.S. crude inventories in the week ended January 5th..
January 9, 2024
Oil prices climbed higher on Tuesday, rebounding from previous session's losses, as rising geopolitical risks raised concerns about possible supply and trade disruptions.
December 28, 2023
Crude oil prices fell sharply on Thursday amid easing concerns about trade disruptions after several shipping companies announced their decision to resume transit via the Red Sea.
December 20, 2023
Oil prices climbed higher on Wednesday on concerns about trade disruptions due to rising tensions in the Middle East after attacks on vessels in the Red Sea by Houthi forces.
November 23, 2023
Crude oil futures settled lower on Wednesday after data showed a notable increase in crude inventory in the U.S., and the Organization of Petroleum Exporting Countries (OPEC) postponed a key meeting by four days.
November 15, 2023
Crude oil prices tumbled on Wednesday after data showed a sharp increase in U.S. crude stockpiles and a significant jump in crude production..