- December 17th, 2024
Oil Holds Decline as Poor China Economic Data Weighs on Outlook
Oil steadied after falling in the previous session as Chinese economic data failed to dispel concerns about weakening consumption in the biggest crude importer. ›
Oil steadied after falling in the previous session as Chinese economic data failed to dispel concerns about weakening consumption in the biggest crude importer. ›
A pair of gas-fired power stations earned over £1 million ($1.3 million) each in a handful of hours this week when the wind was barely blowing. ›
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. ›