Oil Prices Hold Their Ground After Falling on China Stimulus
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ($1.40 trillion) debt package to ease local government financing strains, but analysts said it fell short of the amount of stimulus that would be needed to boost growth.
Oil crashes over 2% on disappointing China stimulus; Brent drops below $73
Oil prices decreased by 2% on November 11 following a lackluster stimulus from China, with Brent crude at $72.04 and US WTI at $68.47.
U.S. oil benchmark settles below $70 a barrel on China stimulus disappointment
Oil futures settled at their lowest in nearly two weeks Monday following disappointing economic data from China, the world’s largest crude importer, and expectations for higher U.S. production once President-elect Donald Trump takes office.
Oil falls on Chinese stimulus disappointment, supply outlook
Oil prices fell by more than 2% on Monday after China's latest stimulus plan disappointed investors seeking demand growth in the world's second-biggest oil consumer, while supply looked set to rise in 2025.
Oil Pressured by Fading U.S. Supply Threats, Chinese Stimulus Disappointment
Oil edged higher but prices remained under pressure as supply risks due to Hurricane Rafael eased and markets were left disappointed by China’s debt package.
Crude oil prices today: WTI is trading at $68.42
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
WTI, Brent oil futures settle at their lowest in nearly 2 weeks
Oil futures finished lower on Monday, with U.S. and global benchmark prices at their lowest in almost two weeks. Crude prices are facing headwinds from "f ...
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Brent crude has bullish outlook, unlike natural gas: Bank of America
Brent crude, gasoline and gasoil have a bullish outlook over the next month futures contracts roll over, according to ...
Oil Extends Losses on Stronger Dollar, China Pessimism
Oil prices lost further ground in early trade on a stronger dollar and pessimism over Chinese demand growth. Brent crude traded 1.4% lower to $72.86 a barrel, while WTI fell 1.6% to $69.26 a barrel.
Oil prices slip over 1% on strong dollar, easing supply risks
Oil prices moved lower after spending most of the trading session flat on Monday as a strong dollar weighed on sentiments.
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EOG Resources’ Financial Stability at Risk with New Gas Agreement Linked to Brent Crude
EOG Resources Inc. faces significant financial risk due to its recent 10-year agreement to sell domestic natural gas with a ...
Brent Crude - Oil Prices Rise As OPEC+ Extend Output Cuts
Oil prices opened $1 dollar higher following the weekend to trade at 73.80 a barrel when markets opened. Click to read.
Oil gains 1% in five days on US elections, Fed rate cut; Brent sits 2% lower to $73 dragged by subdued China stimulus
Oil gains 1% in five days on US elections, Fed rate cut; Brent sits 2% lower to $73 dragged by subdued China stimulus ...
Brent Crude Rises As OPEC+ Delays Production Increase
Brent crude oil prices climbed above 74 USD per barrel following OPEC+'s announcement to delay its production increase ...
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Rupee Opens At Record Low Amid Yuan Weakness, Limited Chinese Stimulus
The Indian rupee opened at a new record low on Monday, depreciating by 2 paise to 84.40 against the US dollar.