Oil prices retreated on Friday as a cocktail of economic indicators soured investor appetite. A decline in consumer confidence coupled with rising inflation pressures cast a pall over the market
interest rates
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Oil prices dipped on Friday as progress in ceasefire talks between Israel and Gaza outweighed concerns about potential supply disruptions. Strong summer demand and the path of Hurricane Beryl are …
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Oil prices rebounded on Wednesday, reversing course after earlier dipping to multi-month lows. The uptick follows positive economic data from the United States and a weaker dollar.
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The oil market rollercoasters on Tuesday, buffeted by opposing forces. Concerns about potential interest rate hikes in the United States weighed on the market, while ongoing geopolitical tensions in the …
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Oil prices fell on Monday after initial concerns about a wider conflict in the Middle East subsided. This followed Iran’s weekend attack on Israel proving less disruptive than anticipated.
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Oil prices experienced a boost in tandem with the broader financial markets following a signal from the Federal Reserve suggesting that an imminent interest rate hike might not be in …
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Oil prices dropped on Tuesday as fears of interest rates staying high for longer weighed on the global economic outlook, offsetting the impact of tight supply. Brent crude futures fell …