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Oil slips over $1 as supply intact despite Middle East conflict fears

Oil prices fell over $1 as global supply remained stable amid Middle East conflicts, prompting a focus on demand concerns, particularly in relation to Chinese manufacturing activity.

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Subdued demand to keep oil prices steady despite geopolitical risks: Reuters poll

Analysts maintain stable oil price forecasts for 2024 amid geopolitical risks and muted demand, expecting Brent crude at $83.66 and U.S. crude at $79.22 per barrel.

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Oil prices jump on elevated Middle East tensions, larger draw in US inventories

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Oil gains nearly 3% on rising Mideast tension, falling US crude stockpiles

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Oil prices settle lower as China concerns weigh; US inventory data in focus

Oil prices drop due to demand concerns in China, regional tensions, and anticipation of U.S. inventory reports ahead of an OPEC meeting, signaling potential supply risks.

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Oil prices slide 1%, settle at 7-week low on China worries

Oil prices dropped to a seven-week low due to concerns over weakening demand in China and steady OPEC+ supply plans; geopolitical tensions are also impacting market dynamics.

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'Oil’s Bermuda triangle is nearing an end': Get ready for a breakout- BofA

Bank of America warns the oil market may experience significant price movements, with bearish and potential bullish scenarios amidst long-term bullish outlook on oil prices.

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Oil prices settle lower as Israel-Hezbollah tensions offset by supply concerns

Oil prices declined due to concerns over demand and increased non-OPEC output, alongside rising geopolitical tensions, particularly relating to the Middle East.

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Oil falls 2% as Israel seeks to avoid broader Middle East conflict

Oil prices fell nearly 2% due to Middle East tensions and concerns about Chinese demand, despite no supply disruptions. Venezuela's election results also impact market outlook.

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Goldman Sachs says next US president to have limited tools to significantly boost 2025 oil supply

Goldman Sachs warns that the next U.S. president will have limited capacity to increase domestic oil supply; predicts fluctuating oil prices affected by tariffs and economic conditions.