Post Tagged with: "oil stable"

Source: Reuters

Oil stable as economic fears balance OPEC+ cuts, U.S. stock draw

Investing


LONDON – Oil prices held broadly stable on Wednesday, as the market weighed worsening economic prospects against expectations of U.S. crude inventory declines and plans by OPEC+ producers to reduce output.

Brent crude futures inched down 15 cents, or …

Source: Reuters

Oil stable but heads for weekly loss awaiting China recovery signs

BOE Report


Oil prices made modest gains in early trade on Friday but were heading for a second straight week of losses, as the market looked for more signs of a strong recovery in fuel demand in China to offset …