The Next Threat To Oil Prices: China

It has been a bad week or two for oil investors, but most concerns have centered on supply. Next up: demand.

Topics:  oil   
BING NEWS:
  • Crude oil prices today: WTI prices are up 6.06% YTD
    WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...
    06/11/2024 - 4:51 am | View Link
  • Oil prices extend rally on potential U.S. crude purchase for reserve
    Oil prices rose on Tuesday, extending the previous day's rally on hopes of higher seasonal fuel demand and potential U.S. crude purchases for its petroleum reserve, though gains were capped by a ...
    06/10/2024 - 1:59 pm | View Link
  • Closing prices for crude oil, gold and other commodities
    Gold for August delivery rose $2 to $2,327 per ounce. Silver for July delivery rose 43 cents to $29.87 per ounce, and July copper rose 6 cents to $4.54 per pound. The dollar rose to 157.10 yen from ...
    06/10/2024 - 8:10 am | View Link
  • Oil prices up 3% to one-week high on hopes of higher summer fuel demand
    Oil prices nudged lower for a second straight session on Monday, weighed down by a firmer dollar as expectations of interest rate cuts were pushed out further following strong U.S. jobs data on Friday ...
    06/10/2024 - 7:52 am | View Link
  • Oil prices rise more than 2% as Goldman sees supply deficit on summer fuel demand
    Oil prices rose Monday after posting a loss last week following the OPEC+ decision to increase production later this year. Goldman Sachs analysts said Brent should rise to $86 in the third quarter as ...
    06/10/2024 - 1:51 am | View Link
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