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Oil prices rise with Hurricane Francine impact, demand jitters in focus

Oil prices rose due to supply concerns from Hurricane Francine, despite worries over global demand slowing and reduced forecasts from the IEA and OPEC regarding demand growth.

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Oil prices settle lower as OPEC cuts demand forecast on China concerns

Oil prices fell due to weaker demand signals, with OPEC downgrading its 2024 outlook, while Tropical Storm Francine threatens Gulf production, complicating the supply situation.

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Oil prices settle lower as OPEC cuts demand forecast on China concerns

Oil prices fell due to weaker demand and OPEC's revised forecasts, compounded by Tropical Storm Francine threatening oil production in the Gulf of Mexico.

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Oil prices slump; Chinese demand fears weigh

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Oil prices settle higher as stronger US retail sales eases demand fears

Oil prices rise as U.S. retail sales exceeded expectations, easing recession fears, while mixed signals from China's economy affect market stability and demand outlook.

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Oil prices settle higher to snap four-week losing streak

Oil prices rose after a four-week decline as demand sentiment improved, but concerns loom over global economic growth and OPEC+ supply increases impacting future prices.

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Oil prices settle slighter higher as potential Iran retaliation in focus

Oil prices rose slightly amid Middle East tensions, with Goldman Sachs predicting a $75 floor for Brent due to robust demand despite broader economic concerns.

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Oil prices settle higher as stronger US economic data boosts demand hopes

Oil prices rise amid strong U.S. economic data, while concerns remain about falling Chinese demand and pessimism in the eurozone's largest economies.

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Oil prices settle lower on Gaza ceasefire deal hopes; US inventory data eyed

Oil prices dropped to mid-June lows amid Gaza ceasefire talks and demand concerns, as global economic growth shows signs of cooling.

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Oil prices slip despite Chinese interest rate cut; Gaza ceasefire in focus

Oil prices fell slightly as investors worried about global demand, especially after China's interest rate cuts, with forecasts indicating a potential surplus in the oil market next year.