Oil Gains; Recession Worries Linger
0050 GMT — Oil prices gain in the early Asian trade after falling Tuesday on recession worries. Crude oil remained under pressure amid broader market moves…
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0050 GMT — Oil prices gain in the early Asian trade after falling Tuesday on recession worries. Crude oil remained under pressure amid broader market moves…
If crude stocks decline as projected, it will signify revival in crude oil demand in US, the world's top oil consumer, supporting prices - Anadolu Ajansı
Australian motorists are enjoying relief as petrol prices fall from Easter highs after a recent bump in oil prices.
Growing EV demand in China will boost coal demand as the country aims to avoid power shortages.
:Oil dropped on Wednesday as the market weighed potential interest rate hikes from the U.S. Federal Reserve that could slow growth and dampen oil consumption, offsetting falling U.S. inventories and strong Chinese economic data.Brent crude futures shed 35 cents, or 0.4 per cent, to $84.42 a barrel as at 0641