- December 16th, 2024
Oil Slips as Lackluster Chinese Data Weakens Demand Outlook
Oil slipped after a weekly advance as a slew of economic data from China reinforced concerns over weakening demand in the biggest importer. ›
Oil slipped after a weekly advance as a slew of economic data from China reinforced concerns over weakening demand in the biggest importer. ›
Oil headed for a weekly advance as the prospect for tighter US sanctions against Iran and Russia countered persistent concerns around a sizeable global glut next year. ›
Oil steadied after a three-day gain, as traders digested US comments flagging possible tighter curbs on Russian and Iranian flows, and looked ahead to a monthly outlook from the International Energy Agency. ›
Oil rose ahead of key US inflation data and a monthly report from OPEC that will provide a snapshot on the market. ›
Oil edged lower as persistent concerns over a looming supply glut overshadowed the outlook for bolder Chinese stimulus next year. ›
Natural gas prices in Europe slipped for a fifth day as mild and windy weather helps protect inventories from faster depletion. ›
Oil gained as the market weighed the fallout from the toppling of the Syrian government, which has sent shockwaves through the Middle East and dealt a blow to longtime backers Russia and Iran. ›
European natural gas prices extended this week’s loss after the Kremlin changed procedures to pay for Russian gas, easing concerns that flows to the region will be cut off. ›
Oil steadied after OPEC+’s decision to push back the revival of shuttered production by another three months failed to lift sentiment in a market that’s expected to suffer from a glut next year. ›
Oil steadied after the biggest advance in more than two weeks as OPEC+ made progress toward a deal to delay further the restoration of shuttered supply, and the US imposed more sanctions on Iranian crude. ›