Oil futures gain in quiet holiday trade, buoyed by hopes that Chinese economic stimulus will help demand in 2025. "Overnight news was focused on new Chinese stimulus," Scott Shelton of TP ICAP says in ...
Oil prices were slightly higher on Friday as Israeli strikes against Yemen’s Houthi rebels triggered what one strategist described as a “fear bid” for the commodity. West Texas Intermediate crude for ...
Crude oil futures add to yesterday's losses, but settle well above the day's lows as geopolitical risk perception around Israel's expected response to last week's Iranian missile attack remains high.
Oil futures were little changed in early trading Sunday, a sign that the risk of escalating warfare in the Middle East has been factored into this year's roughly 20% rise in U.S. crude prices.
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Lack of clarity on China's economic stimulus plans sent oil futures tumbling on Monday, as traders adopted a wait and see approach to the impact of rising tensions in the Middle East. At 7:18am ...