Post Tagged with: "demand fears weigh"

Oil prices fall, set for 4th weekly drop, as demand fears weigh

Oil prices fall, set for 4th weekly drop, as demand fears weigh

Yahoo Finance

LONDON – Oil prices stabilised on Friday and were set to end the week flat as the market balanced supply fears against renewed economic concerns in the United States and China.

Oil prices fall, set for 4th weekly drop, as demand fears weigh- oil and gas 360

Brent crude futures was down 5 cents, …

May 12, 2023 - 9:30 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, Exploration and Production (E&P)
Source: Reuters

Oil rises as Suez Canal ship runs aground, demand fears weigh

Reuters

LONDON – Oil rose more than 2% on Wednesday after a ship ran aground in the Suez Canal raising supply concerns, although fears of a slow recovery in demand due to European lockdowns limited gains.

The giant container ship …

March 24, 2021 - 9:00 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, Marine Shipping
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