Similar Stories to Oil Prices Rise, But Global Economic Concerns Weigh on Bing News

Oil prices climbed on Monday after U.S. drilling activity fell to its lowest level in about two months, but increasing concerns about weaker growth in major economies kept a lid on gains.

Topics:  u.s    concerns   oil prices   
BING NEWS:
  • Oil falls as Fed policymakers look to maintain rate cuts, gasoline stocks rise
    Oil prices fell on Friday due to concerns over inflation risks, U.S. crude inventories, and OPEC+ negotiations to extend oil production cuts.
    05/30/2024 - 2:38 pm | View Link
  • Economic Concerns Undercut Crude Prices
    A decline in crude oil in floating storage is bullish for prices. Monday's weekly data from Vortexa showed that the amount of crude oil held worldwide on tankers that have been stationary for at least ...
    05/30/2024 - 9:56 am | View Link
  • Three Factors Behind Soaring Oil Prices
    The current surge in global oil prices are mainly influenced by three factors - supply and demand dynamics, central bank policies, and geopolitical ...
    05/29/2024 - 4:40 pm | View Link
  • The close: TSX falls the most in three months as BMO tumbles, bond yields rise
    The S&P/TSX composite index ended down 367.07 points, or 1.65%, at 21,897.98, its lowest closing level since May 2 and its biggest decline since Feb. 13. In afternoon trading, the benchmark U.S.
    05/29/2024 - 6:01 am | View Link
  • Oil storage rise supports case for keeping OPEC+ cuts, sources say
    Rising global oil inventories through April due to soft fuel demand may strengthen the case for OPEC+ producers to keep supply cuts in place when they meet on June 2, OPEC+ delegates and analysts say.
    05/29/2024 - 1:57 am | View Link
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