Post Tagged with: "China outlook."

Source: Reuters

Oil down on China outlook, spotlight on Powell testimony

BOE Report


Oil prices opened lower on Monday after China set a lower-than-expected target for economic growth this year at around 5%, and as investors cautiously awaited U.S. Federal Reserve Chair Jerome Powell’s testimony this week.

U.S. West Texas Intermediate …

March 6, 2023 - 12:30 pm China, Closing Bell Story‎, Crude Oil News, Energy News
Source: World Oil

Oil gains as investors weigh Russian ban and China outlook

World Oil


(Bloomberg) — Oil climbed, bookending another tumultuous week of trading, as investors weighed the prospect of a European Union ban on Russian crude and uncertainty over China’s virus resurgence.

West Texas Intermediate rose 2.7% while gasoline futures hit …

May 16, 2022 - 11:30 am Uncategorized