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Jun 26, 2024 · Broader financial markets also created a push-pull effect on crude. Volatility in equities contributed to crude’s fluctuations, while a strong dollar — which makes commodities based in...
Jun 29, 2024 · Narrowing price action and a real reluctance to breakout in Q2 sets the tone ahead of the third quarter. Brent crude and WTI levels to note.
Jun 13, 2024 · Crude prices have retreated about 10% from a peak reached in mid-April on concerns over China’s economic outlook and indications of rising supplies from the US and other parts of the Americas....
- Julia Fanzeres
Jun 21, 2024 · Crude prices eased about 1% on Friday on worries that global oil demand growth could be hit by a strong U.S. dollar and negative economic news from some parts of the world.
Jun 26, 2024 · West Texas Intermediate crude futures settled 7 cents higher at $80.90 a barrel. The gains mean the U.S. benchmark is up 5% on the month, while Brent has tallied a 4.4% gain in June. Analysts have ...
Jun 11, 2024 · At 09:19 GMT, Light Crude Oil futures are trading $77.64, down $0.10 or -0.13%. Investor Focus on US and China Economic Data. Oil prices remained steady on Tuesday as traders await crucial US and...
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Jun 12, 2024 · The consumer price data sparked a risk-on mood in broader markets, which took it as a sign of the early stages of inflation resuming a downward trend. The Federal Reserve on Wednesday decided...