Post Tagged with: "growth outlook"

Source: Reuters

Oil steady as investors weigh tighter supply vs. growth outlook

BOE Report

Oil prices were roughly unchanged on Monday as investors weighed the prospect of tighter supplies from OPEC+ producers from May against concerns about weakening global growth that may dampen fuel demand.

U.S. West Texas Intermediate crude was at …

April 10, 2023 - 9:30 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Economy, Energy News, Finance
Source: Reuters

Oil dips on demand concerns after IMF cuts growth outlook

US News

LONDON -Oil prices fell in volatile trading on Tuesday on demand concerns after the International Monetary Fund (IMF) reduced its economic growth forecasts and warned of higher inflation.

Brent crude was down $3.94, or 3.4%, to $109.22 a

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April 19, 2022 - 9:30 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, Exploration and Production (E&P), Finance
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