Traders and investors have been on edge as they closely monitor the decisions of central banks and geopolitical developments to get clues about possible market direction.
Questions over China's Economy Overshadow OPEC+ Cuts and Declining US Rigs, Impacting Oil Markets
Oil prices declined by 2% on Wednesday as weak Chinese data and a stronger United States dollar dragged on commodity prices.
Oil prices fell on Wednesday, ending a three-day rally as U.S. oil inventories unexpectedly rose, causing concern over weakening demand. Brent crude oil, the international benchmark...
After three consecutive weeks of decline, oil prices rose on Monday as some traders believed that the recent slide was overdone and U.S. recession fears eased....
Oil prices have continued their downward trend in recent weeks as concerns mount over the slowing US economy and uncertainty surrounding OPEC+ cuts. According to recent...
Oil prices dropped on the back of growing concerns over the possibility of the US Federal Reserve raising interest rates and the surge in dollar value...