Oil prices set for weekly gain on China expectations
Oil prices rose slightly on Friday and were on track for a weekly rise, spurred by expectations economic stimulus efforts will prompt a recovery in China, while a stronger dollar capped gains. Brent crude futures rose 14 cents to $73.
Oil Prices Rise on China Stimulus and Falling U.S. Inventories
Oil prices are rising on the back of China's monster stimulus package and continued signs of strong demand in North America.
Oil Prices Rise; Chinese Economy and Stimulus Set to Be in Focus
Oil gained on market optimism around a recovery in demand for crude from China, with government support measures expected to crystallize over 2025, XS.com said.
Oil prices ease as markets weigh China stimulus hopes
Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support.
Oil Prices Rise on China Growth Optimism and Strong US Demand
Oil prices are headed for a weekly gain on positive economic revisions from China and the US, despite an annual decline due to OPEC+ inaction and lack of disruption in the Middle East.
Natural Gas and Oil Forecast: Prices Surge Amid Geopolitical Tensions and Stimulus Hopes
Crude oil prices rise amid global uncertainty with OPEC+ production delays and potential sanctions on Russian and Iranian exports supporting price growth.
Oil heads for weekly gain on China stimulus hopes
Oil rose 1% on Friday and was on track for a weekly gain, spurred by expectations of a stimulus-driven economic recovery in China, the world's biggest oil importer, and by forecasts of lower U.S. inventories.
Oil prices set to record weekly gain on China's stronger economic growth forecast
Oil prices held steady on Friday but are on track to record a weekly gain amid forecasts for higher economic growth in China, while investors are still evaluating the market outlook for 2025 and monitoring geopolitical developments in the Middle East.
Oil prices slide as traders await fresh supply data
Crude oil prices fell on Thursday as investors awaited fresh data on production and reserves out of the U.S. The Chinese ...
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Crude inventories stateside have perhaps offered the final pointer of 2024 marginally lifting oil prices but demand concerns ...
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Oil prices fall on demand concerns, strong dollar
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Oil prices rise in pre-holiday bounce
Oil futures ended higher in thin holiday trading conditions Tuesday, with support tied in part to lingering geopolitical ...
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Experts predict a tense 2025 with Iran's challenges and oil prices possibly dropping to $50.
John Kilduff, Founding Partner at Again Capital, and Steven Cook, Senior Fellow for Middle East Studies at the Council on ...
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Oil Moves up on Inventory Dip
The last EIA inventory data of 2024 reflected a larger than expected draw in crude inventories and ongoing draws at the ...