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Articles for Oil Prices

Oil Slips With Brent Staying Below $80 On China Demand Concerns

Both benchmarks fell nearly 2 per cent last Friday as investors tempered their Chinese demand growth expectations

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Oil Prices Up On Hopes Of US Rate Cuts Boosting Fuel Demand

Both benchmarks fell more than 1 per cent on Wednesday after US crude inventories rose unexpectedly and on easing worries about a wider Middle East conflict

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Opec+ Extends Deep Oil Output Cuts Deep Into 2024

Currently, oil prices hover around USD 80 per barrel, a figure insufficient for many Opec+ members to achieve budgetary balance

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