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Oil Prices: Oil prices extend rapid descent on demand worries - Vimarsana News

Oil Prices: Oil prices extend rapid descent on demand worries

Oil prices dropped by 2% as concerns about uncertain demand outweighed the decision by OPEC+ to maintain oil output cuts. Brent crude futures have fal

Oil settles lower but ends quarter up 28pc on tight supply - Markets - Vimarsana News

Oil settles lower but ends quarter up 28pc on tight supply - Markets

NEW YORK: Oil prices settled 1% lower on Friday due to macroeconomic concerns and profit taking, but rose about 30%...

Fed Official Eyes Higher Rates as 'Inflation Remains Too High' - Vimarsana News

Fed Official Eyes Higher Rates as 'Inflation Remains Too High'

The US will likely need higher interest rates to keep inflation under control and nearer to the Fed’s target of 2% per annum, policymakers at the Federal Reserve said ahead of a decision on rates by the central bank next month.

Oil Rises Almost 30% For The Quarter, But Analysts Say The Commodity Is Overbought - Vimarsana News

Oil Rises Almost 30% For The Quarter, But Analysts Say The Commodity Is Overbought

Meanwhile, experts disagree on where prices will head in the near term.

Oil Ends Quarter Up 28 On Tight Global Supply - BW Businessworld - Vimarsana News

Oil Ends Quarter Up 28 On Tight Global Supply - BW Businessworld

Front-month Brent November futures settled down 7 cents to USD 95.31 per barrel at the contract's expiry, up about 2.2 per cent in the week and 27 per cent in the third quarter, , oil prices