Post Tagged with: "supply concerns"

Source: Reuters

Oil rises as supply concerns outweigh reduced demand, recession risks

Yahoo Finance

Oil prices rose on Thursday, reversing earlier losses, as supply concerns and geopolitical tension in Europe got the upper hand over the economic fears dogging financial markets as inflation soars.

Brent crude rose 46 cents, or 0.4%, to …

Source: Reuters

Oil rises above $100 as supply concerns balance Ukraine talks


LONDONOil rose above $100 a barrel in a volatile session on Wednesday, finding support from supply concerns and easing worries about slowing Chinese demand, while signs of progress in Russia-Ukraine peace talks limited gains.

Three million barrels …

Source: CNBC

Oil prices slip from 2014 highs, supply concerns limit losses


Oil slipped on Thursday as investors took profits after a recent price rally, but strong demand and short-term supply disruptions continue to support prices close to their highest since 2014.


Brent crude futures were down 27 cents, or …

Source: Reuters

Oil inches higher as upbeat demand outlook counters supply concerns


LONDON – Oil prices inched higher on Friday, with Brent holding near $70 a barrel as strong U.S. economic data and expectations of a rebound in global demand outweighed concerns about more supply from Iran once sanctions are lifted.…