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1. • • Oil prices were steady on Tuesday, easing only slightly from the previous session’s gains on escalating geopolitical tensions and expectations of improved fuel demand this summer, while investors awaited U.S. inflation data later this week.
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     Oil prices steady with U.S. inflation data in focus - The ...

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   Why were oil prices steady on Tuesday?

   • Oil prices were steady on Tuesday, easing only slightly from the previous session’s gains on escalating geopolitical tensions and expectations of improved fuel demand this summer, while investors awaited U.S. inflation data later this week.

   Oil prices steady with U.S. inflation data in focus

   www.theglobeandmail.com/business/industry-news/energy-and-resources/article-oil-prices-steady-with-us-inflation-data-in-focus/

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   Why are oil prices rising?

   • “The surge in oil prices was triggered by an optimistic demand outlook and reduced U.S. inventories. With the Northern Hemisphere entering a hot summer and the upcoming hurricane season, demand is expected to continue increasing in the coming months,” said independent market analyst Tina Teng.

   Oil prices steady with U.S. inflation data in focus

   www.theglobeandmail.com/business/industry-news/energy-and-resources/article-oil-prices-steady-with-us-inflation-data-in-focus/

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   Why did oil futures settle at a 7-week high on Tuesday?

   • Oil futures settled at a seven-week high on Tuesday. Oil futures on Tuesday notched back-to-back session gains to settle at their highest level in seven weeks, buoyed by upbeat prospects for global crude demand.

   Oil prices settle at highest since April on brighter demand prospects

   www.marketwatch.com/story/oil-prices-struggle-for-direction-as-traders-gauge-global-demand-outlook-f530e41b

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   Did crude oil and fuel inventories rise last week?

   • After settlement, market sources said the American Petroleum Institute reported that U.S. crude oil and fuel inventories rose last week. The U.S. Energy Information Administration will release official stockpiles data on Wednesday.

   Oil prices settle steady on higher U.S. demand, weaker dollar

   www.reuters.com/markets/commodities/oil-steadies-after-falling-rate-hike-worries-russian-crude-flows-2023-01-31/

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   Why are oil traders worried about summer demand?

   • High inventory levels have made oil traders nervous about summer driving demand. U.S. crude stocks were up by 914,000 barrels in the week ended June 21, according to market sources citing American Petroleum Institute figures that also showed gasoline inventories rose by 3.843 million barrels and distillates fell by 1.178 million barrels.

   Oil prices dip as investors fret over demand outlook

   www.reuters.com/markets/commodities/oil-prices-steady-markets-weigh-supply-tensions-china-economic-recovery-2024-06-25/

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   Why did oil and natural-gas futures rise in 7 weeks?

   • Oil futures on Tuesday notched back-to-back session gains to settle at their highest level in seven weeks, buoyed by upbeat prospects for global crude demand. Natural-gas futures, meanwhile, rallied as warmer weather lifted the potential for demand and weather developments in the Atlantic renewed concerns over production in the Gulf of Mexico.

   Oil prices settle at highest since April on brighter demand prospects

   www.marketwatch.com/story/oil-prices-struggle-for-direction-as-traders-gauge-global-demand-outlook-f530e41b

   See all results for this question

3. www.theglobeandmail.com › business › industry-newsOil prices steady with U.S. inflation data in focus - The ...

   www.theglobeandmail.com › business › industry-news

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   4 days ago · Brent futures for August settlement were down 20 cents at $85.81 a barrel by 0925 GMT after gaining 0.9 per cent on Monday. U.S. crude futures dipped by 18 cents to $81.45 after rising 1.1 per ...

4. www.marketwatch.com › story › oil-prices-struggleOil prices settle at highest since April on brighter demand ...

   www.marketwatch.com › story › oil-prices-struggle

   Jun 18, 2024 · Oil futures on Tuesday notched back-to-back session gains to settle at their highest level in seven weeks, buoyed by upbeat prospects for global crude demand.

5. www.reuters.com › markets › commoditiesOil prices dip as investors fret over demand outlook | Reuters

   www.reuters.com › markets › commodities

   3 days ago · Crude oil prices fell 1% on Tuesday as weak U.S. consumer confidence data fed worries about the economic outlook and fuel demand after a slow start to the U.S. summer driving season.

6. www.reuters.com › markets › commoditiesOil prices settle steady on higher U.S. demand, weaker dollar

   www.reuters.com › markets › commodities

   Jan 31, 2023 · BENGALURU, Jan 31 (Reuters) - Oil prices closed steady on Tuesday after recovering from a near three-week low, drawing support from a weakening dollar and on data showing that demand for...

7. finance.yahoo.com › news › oil-prices-steadyOil prices rise on dollar slip; Inflation data, OPEC+ meeting ...

   finance.yahoo.com › news › oil-prices-steady

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   May 28, 2024 · Investing.com-- Oil prices rose Tuesday, as traders looked ahead to U.S. inflation data and the OPEC+ meeting later this week amid expectations that major oil producers will stick with...

8. www.marketwatch.com › story › why-oil-prices-areWhy oil prices jumped despite the U.S. tapping the Strategic ...

   www.marketwatch.com › story › why-oil-prices-are

   Nov 23, 2021 · Oil futures rose sharply Tuesday after the Biden administration announced a coordinated, U.S.-led effort by energy consuming countries to release strategic crude reserves. What gives?

9. energynow.ca › 2024 › 06Oil Steady as Investors Hold for Fed Meet, Inflation Data

   energynow.ca › 2024 › 06

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   Jun 11, 2024 · LONDON, June 11 (Reuters) – Oil prices were largely steady on Tuesday, as investors waited for U.S. and China inflation data and the outcome of the Federal Reserve’s policy meeting to see how changing prices could hit demand.