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Tag: Intermediate

Oil dips in volatile trade amid demand concerns, supply disruptions

Oil prices slipped in volatile trading on Tuesday as investors weighed demand concerns against tight global supplies after Libya halted some exports and as factories in Shanghai prepared to reopen following a COVID-19 shutdown.

Asian shares rebound but markets eye long-term Russia-Ukraine risk

Asian markets rebounded on Friday following Wall Street’s surprising overnight reversal, as investors weighed the longer-term impact of tough Western sanctions against Russia after it

Oil rises on geopolitical risks, supply shortage

Oil rose on Monday as a supply shortage and political tensions in Eastern Europe and the Middle East put prices on track for their biggest monthly gain in almost a year.

Oil steady as rising Libyan output offsets supply worries

Oil prices were steady on Monday, as investor bets that global supply will remain tight amid restraint by major producers were offset by a rise in Libyan output.

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