Post Tagged with: "little changed"

Oil prices little changed as fundamentals weigh on geopolitical risk premium

Oil prices little changed as fundamentals weigh on geopolitical risk premium

BOE Report


Oil prices were little changed in Asian trading on Wednesday as weak demand and a recovery in supply limited the market’s reaction to mounting geopolitical risk.

The front-month March contract for Brent crude inched up 5 cents to …

Source: Reuters

Oil little changed as demand worries face tight supply outlook

BOE Report


Oil prices rose slightly on Wednesday as traders remained cautious after a surprise rise in U.S. crude inventories stoked demand concerns on the heels of weaker-than-expected economic data from the United States and China.

U.S. West Texas Intermediate …

Source: Reuters

Oil prices little changed as recession worry offsets higher demand outlook

Reuters


HOUSTON –  were little changed on Monday, as worries over a possible recession offset an outlook for higher fuel demand with the upcoming U.S. driving season and Shanghai’s plans to reopen after a two-month coronavirus lockdown.