Showing results for "#oil prices"
Oil drops almost 2% as investors watch Red Sea developments
Brent crude futures settled down $1.42, or 1.8%, at $79.65 a barrel. U.S. West Texas Intermediate crude fell $1.46, or 1.9%, to $74.11.
Asian stocks mixed ahead of Fed decision; oil prices slump
The Fed takes centre stage on Wednesday, where it is due to announce its rate decision at the conclusion of its two-day policy meeting.
Asian shares dragged lower by China, dollar on back foot
MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.4% but are headed for a weekly gain of 0.9%
India stands to gain as crude oil prices fall to 4-month low
The country’s current account deficit had started to spiral out of control due to the huge oil import bill and the rupee had been weakening due to the...
Oil prices slump to 4-month low on U.S., Chinese economic concerns
The number of Americans filing new claims for unemployment benefits increased to a three-month high last week, suggesting that labor market conditions...
Oil price rise would hit 2024 global growth, inflation outlook: Fitch
Higher oil prices would dampen GDP growth in almost all the 'Fitch 20' economies, although the impact would largely dissipate in 2025, Fitch said...
Oil prices steady, on track for second straight week of losses
Brent crude futures rose 6 cents to $86.91 a barrel by 0010 GMT, while U.S. West Texas Intermediate crude futures gained 12 cents to $82.58 a barrel.
Oil prices fall again as Israel-Hamas conflict deepens
Brent crude, the global oil benchmark, fell by 1.2 per cent to $89 a barrel, and West Texas Intermediate (WTI) crude, the US benchmark, dropped by 1.3...