Oil Price

Asia stocks slip as China’s economy stumbles

Asian shares slid on Monday after a raft of Chinese data showed a surprisingly sharp slowdown in the engine of…

4 years ago

Oil dips as Delta variant weighs on demand forecasts

The Brent benchmark oil price fell for a second day on Friday, albeit holding above $70 a barrel, after the…

4 years ago

Dollar holds firm near 4-month high on Fed tapering bets

The dollar held firm on Friday, staying near its highest level in four months against a basket of currencies as…

4 years ago

Analysis: Peak OPEC? Climate-focused production shift to pile pressure on pact

Moves to mitigate climate change are drawing peak oil demand closer, current and former OPEC officials told Reuters, potentially giving…

4 years ago

Asian stocks on backfoot as concern over Delta variant saps confidence

Asian stocks started off on a weak footing on Tuesday after a largely soft performance on Wall Street and as…

4 years ago

Stocks tread water as gold, oil declines spook sentiment

Global share prices treaded water on Monday as sharp falls in gold and oil prices and concerns over the spread…

4 years ago

Oil firms but still set for weekly loss on demand worries

Oil prices edged higher on Friday but remained on track for their biggest weekly decline since March on concerns over…

4 years ago

Oil rises on Mideast tensions but virus concerns weigh

Oil prices rose towards $71 a barrel on Thursday on rising Middle East tensions, while fresh movement restrictions imposed by…

4 years ago

Analysis: Riding the oil price rebound: Gulf states to accelerate asset sales

Saudi Aramco and other Gulf oil producers are following in the footsteps of Abu Dhabi with plans to raise tens…

4 years ago

Asia shares sit at 2021 lows ahead of Fed verdict

Asian shares stayed stuck at seven-month lows on Wednesday, as markets continued to digest a storm in Chinese equity markets,…

4 years ago