TAG: crude oil latest news

Oil trades near one-month low over demand concerns despite Iran-Israel war; Brent at $89/bbl

Oil prices slipped more than $1 on Wednesday, April 17, as US commercial inventories rose, while weaker economic data from China and dampened prospects of interest rate cuts stoked worries about the global demand. Analysts do not expect Iran's unpreceden...

5 months ago

Oil recovers from 3-week low after US imposes sanctions on Venezuela, Iran; Brent at $87/bbl

Oil prices were broadly steady on Thursday, April 18, as investors weighed US sanctions on Venezuela and Iran, and robust US jobs data against the wider backdrop of demand concerns and easing Middle East tensions that had pushed prices three per cent low...

5 months ago

Crude oil prices set to end April flat amid easing Middle East tensions

Crude oil prices are poised to conclude the month of April without much change, following a notable 13% rally (Brent crude) witnessed during the first quarter of the calendar year 2024 (Q1CY24), driven by OPEC cuts (the source of about a third of the wor...

5 months ago