Today: July 05, 2024
Today: July 05, 2024

Latest From Florence Tan

Economy|News

Oil prices up 2% to two-month high on summer demand hopes, supply worries

Oil prices gained about 2% to a two-month high on Monday on hopes of rising demand during the Northern Hemisphere's summer driving season and worries that conflict in the

Oil prices up 2% to two-month high on summer demand hopes, supply worries
Business|Economy

Saudi Arabia may cut oil prices for Asia for second month in August

Top oil exporter Saudi Arabia may cut prices for crude grades it sells to Asia for a second month in August, tracking weakness in Middle East benchmark Dubai,

Saudi Arabia may cut oil prices for Asia for second month in August
Business|Economy|Environment|News

Oil prices rise on fuel demand expectations, easing US dollar

Oil prices rose about 1% on Monday, spurred by the prospect of strong summer driving demand and as tensions in the Middle East and drone attacks on Russian

Oil prices rise on fuel demand expectations, easing US dollar
Business

Oil holds onto gains as investors bet on tighter supply

Oil prices edged down slightly on Monday, holding on to most of their recent gains amid expectations of tighter supply from OPEC+ cuts, attacks on Russian

Oil holds onto gains as investors bet on tighter supply
Business

Oil jumps 1% after Houthis attack on fuel tanker in Red Sea

Oil prices jumped 1% on Monday on fuel supply concerns after a missile struck a Trafigura-operated fuel tanker in the Red Sea and as Russian refined products

Oil jumps 1% after Houthis attack on fuel tanker in Red Sea
Business

Oil slips; investors eye Mideast developments

Oil prices slipped on Monday with traders watching out for supply disruption risk in the Middle East following strikes by U.S. and British forces to stop Houthi

Oil slips; investors eye Mideast developments
Business

Oil jumps 1% in New Year after U.S. forces repel Houthis in Red Sea

Oil prices jumped 1% on Tuesday, starting the New Year higher as a Red Sea naval clash focused attention on potential Middle East supply disruptions and

Oil jumps 1% in New Year after U.S. forces repel Houthis in Red Sea
Business

Oil extends gains on US strategic reserve purchase

Oil prices inched higher on Monday, extending gains for a second session as U.S. efforts to replenish strategic reserves provided some support, although concerns

Oil extends gains on US strategic reserve purchase
Economy

Oil extends losses as economic headwinds weigh on demand outlook

Oil prices fell for a second day on Monday as economic headwinds pressured the global oil demand outlook and outweighed geopolitical concerns in the Middle East

Oil extends losses as economic headwinds weigh on demand outlook
Economy

Oil little changed as investors eye Middle East tensions, US rate cut

Oil prices were little changed on Tuesday as investors focused on geopolitical tensions in the Middle East and optimism the U.S.

Oil little changed as investors eye Middle East tensions, US rate cut
Economy

Oil prices head for fourth straight week of declines as supply grows

Oil prices were little changed on Friday but on track for their fourth straight week of losses after tumbling about 5% to a four month-low on Thursday on worries

Oil prices head for fourth straight week of declines as supply grows
Economy|News

Oil prices settle up on demand optimism, US inflation in focus

Oil prices rose on Monday, as signs of improving demand in the U.S. and China, the top two oil consumers, aided the bounce from the previous session's $1 a barrel

Oil prices settle up on demand optimism, US inflation in focus

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