- May 6th, 2025
Oil Gains From Four-Year Low as Technicals Hint Slide Overdone
Oil climbed from the lowest close in four years after a technical measure signaled the recent slump was overdone. ›
Oil climbed from the lowest close in four years after a technical measure signaled the recent slump was overdone. ›
European natural gas resumed gains after China said it’s evaluating possible trade talks with the US, driving a broader market rally. ›
Oil rose, paring a steep weekly loss, as traders weighed the possibility of US-China trade talks and a fresh sanctions threat against Iranian flows against a potential supply hike from OPEC+. ›
Oil was little changed after the biggest monthly drop since 2021, as signs that the Saudi-led OPEC+ alliance may be entering a prolonged period of higher output added to concerns the trade war will hurt demand. ›
Oil headed for its biggest, full-month loss for April on signs the US-led trade war is hurting economic growth and energy demand at a time when the OPEC+ alliance has been loosening supply curbs. ›
Oil extended a drop as the global trade war hurt the outlook for demand, with data pointing to signs of strain in the US economy and China stepping up its pushback against the Trump administration’s tariffs. ›
Oil climbed after a volatile week as traders parsed the latest signals in the trade war, including China’s efforts to support its tariff-hit economy, and weighed geopolitical developments in Iran. ›
Oil edged higher alongside equity markets as China considered suspending tariffs on some US imports, though conflicting messages on trade raised uncertainty about the prospect for easing tensions. ›
Oil prices recovered some losses on Thursday after falling nearly 2% in the previous session, with investors weighing a potential OPEC+ output increase against conflicting tariff signals from the White House and ongoing U.S.-Iran nuclear talks. ›
Oil prices climbed more than 1% on Wednesday, extending the prior day’s gains, as investors weighed a fresh round of U.S. sanctions on Iran, a drop in U.S. crude stocks and a softer tone from President Donald Trump towards the Federal Reserve. ›