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Oil dips, but posts weekly gain on solid 2024 demand outlook

Oil futures prices settled slightly lower on Friday (Jun 14) after a survey showed deteriorating US consumer sentiment, but prices rose 4 per cent for the week as investors weighed forecasts for solid demand for crude oil and fuel in 2024. ....

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Oil future prices head for weekly gain on solid 2024 demand outlook

US consumer sentiment weakened in June to a seven-month low as inflation and income worries linger, a survey showed on Friday ....

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Oil Demand: Oil set for weekly loss as markets worry about demand, ET Auto

Oil Demand: Oil prices rose on concerns of high interest rates impacting fuel demand. Federal Reserve s interest rate policy, US crude oil inventories, and statements from Fed Chair Jerome Powell influenced market sentiment. Analysts anticipate market shifts as OPEC+ considers extending production cuts and reports emerge of oil overproduction by Russia. ....

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Oil set for weekly loss as markets worry about demand

Oil prices rose on concerns of high interest rates impacting fuel demand. Federal Reserve s interest rate policy, US crude oil inventories, and statements from Fed Chair Jerome Powell influenced market sentiment. Analysts anticipate market shifts as OPEC+ considers extending production cuts and reports emerge of oil overproduction by Russia. ....

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BHP, Anglo battle highlights copper

London: BHP’s battle to buy rival miner Anglo American has shone a spotlight on copper, the industrial metal in strong demand owing to its key role in greener technology. ....

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