Oil Rebounds As Demand Data Finally Makes Impact In Trading Circles
Meanwhile, OPEC's secretary general reiterated strong demand expectations for 2024.
Source: shipandbunker.com
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Oil prices rise after positive US economic data - Markets
LONDON: Oil futures rose on Thursday bolstered by slower than expected inflation and a stabilising U.S. job market,...
Source: brecorder.com
Oil steady as investors eye Mideast talks, rates meeting - Markets
LONDON: Oil steadied on Tuesday after the previous day’s drop as Israel-Hamas talks offered hopes of a ceasefire...
Source: brecorder.com
Oil and gold prices rise after Israeli missiles hit Iran
Oil prices spiked in response to the latest strikes in the Middle East, as fears of a growing conflagration in the region grow.
Source: cityam.com
crude oil prices: India does not need the double whammy of weak rupee and high oil prices at this juncture: Vandana Hari
Vandana Hari explains the risk premiums and speculative factors driving oil prices up, emphasizing $70-75 as a comfortable range for India. It is far more comfortable for India than $80 or more. She cautions against the negative impact of a weak rupee and high oil prices on the Indian economy's growth.
Source: indiatimes.com