Brent Oil - Oil prices stabilise ahead of Fed interest rate decision
16-09-2024 03:15
Brent crude futures for November were up 23 cents, or 0.32%, at $71.84 a barrel by 0934 GMT. U.S. crude futures for October were up 32 cents, or 0.47%, at $68 ...
Oil prices inch up on Fed rate cut outlook
Oil prices edged up in early trade on Monday amid expectations of a U.S. interest rate cut this week, though gains were capped by weaker China data and persistent demand worries.
Oil steadies as falling Libyan exports offset weak Chinese data
Oil was steady — after eking out its first weekly gain in a month — as a drop in Libyan exports was offset by signs an economic slump in China is deepening. Brent traded near $72 a barrel, while West ...
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As U.S. Production Resumes After Hurricane Francine
WTI oil pulls back as U.S. oil production resumes after Hurricane Francine, which was the key driver for the recent rebound. A move below the $68.00 level will push WTI oil towards the recent lows ...
Hedge Funds Have Never Been This Bearish on Brent Crude Before
Hedge funds turned net bearish on Brent crude for the first time on record as concerns about an oversupply of oil hammer futures prices.Most Read from BloombergHousing’s Worst Crisis in Decades ...
