Crude oil weighed down by tariffs and OPEC+ output hikes - London Business News | Londonlovesbusiness.comU.S. import tariffs and global economic uncertainty are pressuring crude oil prices.
Crude stabilises, tariff uncertainties weigh on sentiment - London Business News | Londonlovesbusiness.comCrude oil prices are stabilizing but face continued downside risks from tariffs and global supply issues.
Crude oil supported by US sanctions on Iran - London Business News | Londonlovesbusiness.comU.S. sanctions on Iran are driving crude oil futures up amid supply concerns.Geopolitical tensions and tariffs could lead to increased production costs and volatility in oil prices.
Oil under the influence of a mixed geopolitical reality and anticipation of more supply - London Business News | Londonlovesbusiness.comCrude oil prices slightly rose due to supply disruptions, but increasing supply expectations and possible peace talks may mitigate further price impacts.
Tensions are rising in the Middle East, but the rise in oil prices is muted so farOil prices surged following a statement by President Biden regarding U.S. support for Israel, yet remain lower than historical highs.Market confidence is bolstered by ample spare capacity among OPEC+ countries, even amidst geopolitical tensions.
Geopolitics, OPEC+ and sanctions drive near-term price volatility - London Business News | Londonlovesbusiness.comCrude oil prices are under significant risk due to geopolitical factors, supply-side issues, and OPEC+ production decisions.
Crude oil weighed down by tariffs and OPEC+ output hikes - London Business News | Londonlovesbusiness.comU.S. import tariffs and global economic uncertainty are pressuring crude oil prices.
Crude stabilises, tariff uncertainties weigh on sentiment - London Business News | Londonlovesbusiness.comCrude oil prices are stabilizing but face continued downside risks from tariffs and global supply issues.
Crude oil supported by US sanctions on Iran - London Business News | Londonlovesbusiness.comU.S. sanctions on Iran are driving crude oil futures up amid supply concerns.Geopolitical tensions and tariffs could lead to increased production costs and volatility in oil prices.
Oil under the influence of a mixed geopolitical reality and anticipation of more supply - London Business News | Londonlovesbusiness.comCrude oil prices slightly rose due to supply disruptions, but increasing supply expectations and possible peace talks may mitigate further price impacts.
Tensions are rising in the Middle East, but the rise in oil prices is muted so farOil prices surged following a statement by President Biden regarding U.S. support for Israel, yet remain lower than historical highs.Market confidence is bolstered by ample spare capacity among OPEC+ countries, even amidst geopolitical tensions.
Geopolitics, OPEC+ and sanctions drive near-term price volatility - London Business News | Londonlovesbusiness.comCrude oil prices are under significant risk due to geopolitical factors, supply-side issues, and OPEC+ production decisions.
Gas Prices Jump Above $4.60, the Highest in AmericaGasoline prices are decreasing due to falling crude oil prices, reaching an average of $3.09 per gallon.California has the nation's highest gas prices and taxes, significantly affecting regional fuel costs.
Gas prices are plummeting. Experts explain why.Gas prices have declined significantly recently due to reduced demand and lower crude oil prices, with potential for further drops below $3 per gallon.
US Gas Prices Drop to 4-Year LowGas prices are falling, currently averaging $3.03 a gallon, providing relief amidst inflation for households.
Gas prices have plunged by 15 cents in Florida and even more in Miami. Here's a lookGas prices in Florida decreased due to falling crude oil prices, providing relief to commuters and travelers.
Gas Prices Jump Above $4.60, the Highest in AmericaGasoline prices are decreasing due to falling crude oil prices, reaching an average of $3.09 per gallon.California has the nation's highest gas prices and taxes, significantly affecting regional fuel costs.
Gas prices are plummeting. Experts explain why.Gas prices have declined significantly recently due to reduced demand and lower crude oil prices, with potential for further drops below $3 per gallon.
US Gas Prices Drop to 4-Year LowGas prices are falling, currently averaging $3.03 a gallon, providing relief amidst inflation for households.
Gas prices have plunged by 15 cents in Florida and even more in Miami. Here's a lookGas prices in Florida decreased due to falling crude oil prices, providing relief to commuters and travelers.
Crude oil futures stabilise amidst supply and demand uncertainties - London Business News | Londonlovesbusiness.comCrude oil futures are stabilizing after declines, influenced by supply concerns due to Chevron's operational changes in Venezuela.
Oil prices between dollar strength and geopolitical events - London Business News | Londonlovesbusiness.comGeopolitical tensions in the Middle East are driving crude oil prices to rise significantly.Investors are reassessing the risk premium due to conflict and U.S. actions against Iranian oil facilities.
WTI crude oil price rises driven by economic data from China - London Business News | Londonlovesbusiness.comWTI crude oil prices rise due to positive manufacturing data from China, signaling increased demand.
Crude oil prices volatile and at risk - London Business News | Londonlovesbusiness.comGeopolitical risks are influencing crude oil prices, with potential supply disruptions creating a bullish outlook for the near term.
Crude oil prices decline amid weak Chinese demand and rising US inventories - London Business News | Londonlovesbusiness.comCrude oil futures are pressured by weak demand from China and geopolitical tensions. Potential Fed rate cuts could influence future demand positively.
Oil continues to rebound for a third day amid geopolitical tensions, particularly from Russia - London Business News | Londonlovesbusiness.comCrude oil prices are rising due to escalating geopolitical tensions, particularly between Russia and Ukraine, prompting fears of supply disruptions.
Crude oil futures stabilise amidst supply and demand uncertainties - London Business News | Londonlovesbusiness.comCrude oil futures are stabilizing after declines, influenced by supply concerns due to Chevron's operational changes in Venezuela.
Oil prices between dollar strength and geopolitical events - London Business News | Londonlovesbusiness.comGeopolitical tensions in the Middle East are driving crude oil prices to rise significantly.Investors are reassessing the risk premium due to conflict and U.S. actions against Iranian oil facilities.
WTI crude oil price rises driven by economic data from China - London Business News | Londonlovesbusiness.comWTI crude oil prices rise due to positive manufacturing data from China, signaling increased demand.
Crude oil prices volatile and at risk - London Business News | Londonlovesbusiness.comGeopolitical risks are influencing crude oil prices, with potential supply disruptions creating a bullish outlook for the near term.
Crude oil prices decline amid weak Chinese demand and rising US inventories - London Business News | Londonlovesbusiness.comCrude oil futures are pressured by weak demand from China and geopolitical tensions. Potential Fed rate cuts could influence future demand positively.
Oil continues to rebound for a third day amid geopolitical tensions, particularly from Russia - London Business News | Londonlovesbusiness.comCrude oil prices are rising due to escalating geopolitical tensions, particularly between Russia and Ukraine, prompting fears of supply disruptions.
Oil prices firm on geopolitical risks, but demand worries persist - London Business News | Londonlovesbusiness.comGeopolitical tensions in Eastern Europe are influencing crude oil prices.The IEA forecasts a surplus in 2025, indicating rising supply with declining demand.
Why crude needs to be on everyone's radar, are we set to see a $60 crude price? - London Business News | Londonlovesbusiness.comIsrael's targeted military actions have reduced geopolitical risks in energy markets, boosting trader confidence and stabilizing crude prices.
Oil prices firm on geopolitical risks, but demand worries persist - London Business News | Londonlovesbusiness.comGeopolitical tensions in Eastern Europe are influencing crude oil prices.The IEA forecasts a surplus in 2025, indicating rising supply with declining demand.
Why crude needs to be on everyone's radar, are we set to see a $60 crude price? - London Business News | Londonlovesbusiness.comIsrael's targeted military actions have reduced geopolitical risks in energy markets, boosting trader confidence and stabilizing crude prices.
Oil faces economic concerns and geopolitical risks - London Business News | Londonlovesbusiness.comCrude oil prices remain low amid economic concerns, with potential for further decline due to demand uncertainty and supply increases.
Oil prices firm on geopolitical risks, but demand worries persist - London Business News | Londonlovesbusiness.comCrude oil prices are rebounding due to geopolitical risks despite low likelihood of a resolution in Eastern Europe.
Oil market under pressure from higher oil volumes risks - London Business News | Londonlovesbusiness.comCrude oil prices may decline due to increased supply from Kurdistan and geopolitical risks from Ukraine affecting market volatility.
Crude oil slips despite China PMI optimism, tariff risks loom - London Business News | Londonlovesbusiness.comCrude oil futures are influenced by positive data from China, but trade tensions and geopolitical risks hinder any substantial price recovery.
Crude oil stabilises near two month highs amid inventory decline expectations - London Business News | Londonlovesbusiness.comCrude oil rebounds near two-month highs on inventory declines and Middle East tensions.
Crude oil prices decline on reduced Middle East risk and weak demand in Asia - London Business News | Londonlovesbusiness.comCrude oil prices are stabilizing as geopolitical tensions ease but demand remains weak, particularly due to lower Chinese imports.
Oil faces economic concerns and geopolitical risks - London Business News | Londonlovesbusiness.comCrude oil prices remain low amid economic concerns, with potential for further decline due to demand uncertainty and supply increases.
Oil prices firm on geopolitical risks, but demand worries persist - London Business News | Londonlovesbusiness.comCrude oil prices are rebounding due to geopolitical risks despite low likelihood of a resolution in Eastern Europe.
Oil market under pressure from higher oil volumes risks - London Business News | Londonlovesbusiness.comCrude oil prices may decline due to increased supply from Kurdistan and geopolitical risks from Ukraine affecting market volatility.
Crude oil slips despite China PMI optimism, tariff risks loom - London Business News | Londonlovesbusiness.comCrude oil futures are influenced by positive data from China, but trade tensions and geopolitical risks hinder any substantial price recovery.
Crude oil stabilises near two month highs amid inventory decline expectations - London Business News | Londonlovesbusiness.comCrude oil rebounds near two-month highs on inventory declines and Middle East tensions.
Crude oil prices decline on reduced Middle East risk and weak demand in Asia - London Business News | Londonlovesbusiness.comCrude oil prices are stabilizing as geopolitical tensions ease but demand remains weak, particularly due to lower Chinese imports.
Petrol and diesel prices rise for fourth month in a rowRising crude-oil prices and new biofuel legislation are driving up diesel and petrol costs in Ireland.
Petrol and diesel prices creeping up again after months of falls amid volatility after election of Donald TrumpPetrol and diesel prices rise despite falling crude oil costs due to retailer price variation and market volatility.
Motorists hit again as cost of petrol and diesel rises for third month straightRising crude oil prices have led to increased petrol and diesel costs in Ireland, affecting consumers significantly.
Petrol and diesel prices rise for fourth month in a rowRising crude-oil prices and new biofuel legislation are driving up diesel and petrol costs in Ireland.
Petrol and diesel prices creeping up again after months of falls amid volatility after election of Donald TrumpPetrol and diesel prices rise despite falling crude oil costs due to retailer price variation and market volatility.
Motorists hit again as cost of petrol and diesel rises for third month straightRising crude oil prices have led to increased petrol and diesel costs in Ireland, affecting consumers significantly.
Crude prices ease as geopolitical tensions subside - London Business News | Londonlovesbusiness.comCrude oil prices are currently influenced by reduced regional instability, upcoming U.S. rate cuts, and China's recent import growth, but caution remains.
Oil slides as peace hopes ease geopolitical risk premium - London Business News | Londonlovesbusiness.comCrude oil prices are declining due to potential peace talks easing sanctions and rising U.S. inventories.
Crude futures stabilise as supply issues persist, yet demand outlook remains weak - London Business News | Londonlovesbusiness.comOil futures are stabilizing but may face volatility from supply disruptions and geopolitical concerns. Demand remains uncertain amidst these dynamics.
China's policy shift lifts hopes for crude oil demand, but US inventories limit gains - London Business News | Londonlovesbusiness.comCrude oil futures are supported by expected demand growth in China, but uncertainties about stimulus details and U.S. inventory levels could limit price gains.
Oil price supported by geopolitical risks - London Business News | Londonlovesbusiness.comCrude oil futures are supported by geopolitical tensions and increased Chinese imports, suggesting a bullish market outlook in the near term.
Oil prices climb on inflation hopes, but supply surplus concerns could limit momentum - London Business News | Londonlovesbusiness.comCrude oil prices rose due to easing inflation and Senate legislation, but fears of oversupply limit recovery.
Crude prices ease as geopolitical tensions subside - London Business News | Londonlovesbusiness.comCrude oil prices are currently influenced by reduced regional instability, upcoming U.S. rate cuts, and China's recent import growth, but caution remains.
Oil slides as peace hopes ease geopolitical risk premium - London Business News | Londonlovesbusiness.comCrude oil prices are declining due to potential peace talks easing sanctions and rising U.S. inventories.
Crude futures stabilise as supply issues persist, yet demand outlook remains weak - London Business News | Londonlovesbusiness.comOil futures are stabilizing but may face volatility from supply disruptions and geopolitical concerns. Demand remains uncertain amidst these dynamics.
China's policy shift lifts hopes for crude oil demand, but US inventories limit gains - London Business News | Londonlovesbusiness.comCrude oil futures are supported by expected demand growth in China, but uncertainties about stimulus details and U.S. inventory levels could limit price gains.
Oil price supported by geopolitical risks - London Business News | Londonlovesbusiness.comCrude oil futures are supported by geopolitical tensions and increased Chinese imports, suggesting a bullish market outlook in the near term.
Oil prices climb on inflation hopes, but supply surplus concerns could limit momentum - London Business News | Londonlovesbusiness.comCrude oil prices rose due to easing inflation and Senate legislation, but fears of oversupply limit recovery.
Oil faces uncertainty with rising US stockpiles and tariff concerns - London Business News | Londonlovesbusiness.comRising U.S. crude stockpiles indicate potential demand issues.Tariffs could dampen global economic growth and energy demand.Increased U.S. crude production forecasts suggest supply may outpace demand.
Crude oil prices volatile: Stockpiles rise and trade risks grow - London Business News | Londonlovesbusiness.comCrude oil futures faced pressure from rising U.S. stockpiles and trade tensions, affecting market dynamics.
Oil faces uncertainty with rising US stockpiles and tariff concerns - London Business News | Londonlovesbusiness.comRising U.S. crude stockpiles indicate potential demand issues.Tariffs could dampen global economic growth and energy demand.Increased U.S. crude production forecasts suggest supply may outpace demand.
Crude oil prices volatile: Stockpiles rise and trade risks grow - London Business News | Londonlovesbusiness.comCrude oil futures faced pressure from rising U.S. stockpiles and trade tensions, affecting market dynamics.
Crude oil rebounds after weeks of declines despite trade tensions - London Business News | Londonlovesbusiness.comCrude oil prices are rebounding despite trade tensions and tariffs impacting the market.
A certain calm descends over the crude market - London Business News | Londonlovesbusiness.comCrude markets are currently stable and defined by a $70.70 to $75 range for Brent futures.
Oil market in cautious mood ahead of tariffs deadline - London Business News | Londonlovesbusiness.comCrude oil markets are cautious ahead of potential U.S. tariffs on Mexico and Canada, raising concerns about supply disruptions.
Crude oil rebounds after weeks of declines despite trade tensions - London Business News | Londonlovesbusiness.comCrude oil prices are rebounding despite trade tensions and tariffs impacting the market.
A certain calm descends over the crude market - London Business News | Londonlovesbusiness.comCrude markets are currently stable and defined by a $70.70 to $75 range for Brent futures.
Oil market in cautious mood ahead of tariffs deadline - London Business News | Londonlovesbusiness.comCrude oil markets are cautious ahead of potential U.S. tariffs on Mexico and Canada, raising concerns about supply disruptions.
Oil bets are most bullish in two years as Mideast tension flaresHeightened geopolitical tensions have driven oil futures and options markets into a bullish frenzy, with traders speculating on significant price spikes due to Middle East instability.
Oil extends gains for fourth straight session - London Business News | Londonlovesbusiness.comCrude prices are rising due to optimism over China's recovery in demand and fiscal measures.
Crude oil gains capped by weak demand, sanctions, and warmer weather - London Business News | Londonlovesbusiness.comWeak demand indicators and global uncertainties are hindering crude oil prices, particularly affecting China's import demand.
Crude oil futures lower amid easing supply concerns with weak demand - London Business News | Londonlovesbusiness.comCrude oil prices are under downward pressure due to easing supply concerns and weak global demand signs, particularly from China.
Oil declines further with negative data from China - London Business News | Londonlovesbusiness.comCrude oil prices drop for the fourth consecutive day due to negative economic data, particularly from China, impacting inflation and market concerns about oil demand.
Oil bets are most bullish in two years as Mideast tension flaresHeightened geopolitical tensions have driven oil futures and options markets into a bullish frenzy, with traders speculating on significant price spikes due to Middle East instability.
Oil extends gains for fourth straight session - London Business News | Londonlovesbusiness.comCrude prices are rising due to optimism over China's recovery in demand and fiscal measures.
Crude oil gains capped by weak demand, sanctions, and warmer weather - London Business News | Londonlovesbusiness.comWeak demand indicators and global uncertainties are hindering crude oil prices, particularly affecting China's import demand.
Crude oil futures lower amid easing supply concerns with weak demand - London Business News | Londonlovesbusiness.comCrude oil prices are under downward pressure due to easing supply concerns and weak global demand signs, particularly from China.
Oil declines further with negative data from China - London Business News | Londonlovesbusiness.comCrude oil prices drop for the fourth consecutive day due to negative economic data, particularly from China, impacting inflation and market concerns about oil demand.
How will the Middle East crisis shape the future of markets?Crude oil prices are facing downward pressure due to geopolitical tensions and a strengthening U.S. dollar.Investors remain cautious amid calls for actions that could escalate conflicts in the Middle East.
Trump's energy policies and tariffs weigh on global crude oil prices - London Business News | Londonlovesbusiness.comCrude oil futures decline amid uncertainty over Trump's tariff policies affecting global growth.Expectations of increased U.S. oil production contribute to bearish market sentiment.
Crude oil trades at two month highs due to geopolitical tensions in the Middle East - London Business News | Londonlovesbusiness.comCrude oil reaches two-month highs on geopolitical tensions and demand optimism.
Oil market sentiment shifts amid changing geopolitical conditions - London Business News | Londonlovesbusiness.comCrude oil futures stabilized amid cautious sentiment and geopolitical developments, with potential for gains depending on the situation in the Middle East.
Crude oil prices capped by weak demand outlook - London Business News | Londonlovesbusiness.comCrude oil futures are constrained by weak demand, despite potential support from geopolitical tensions and stimulus measures in China.
Crude prices pressured by China's slowdown - London Business News | Londonlovesbusiness.comCrude oil prices are under downward pressure due to macroeconomic factors, particularly the economic slowdown in China.
How will the Middle East crisis shape the future of markets?Crude oil prices are facing downward pressure due to geopolitical tensions and a strengthening U.S. dollar.Investors remain cautious amid calls for actions that could escalate conflicts in the Middle East.
Trump's energy policies and tariffs weigh on global crude oil prices - London Business News | Londonlovesbusiness.comCrude oil futures decline amid uncertainty over Trump's tariff policies affecting global growth.Expectations of increased U.S. oil production contribute to bearish market sentiment.
Crude oil trades at two month highs due to geopolitical tensions in the Middle East - London Business News | Londonlovesbusiness.comCrude oil reaches two-month highs on geopolitical tensions and demand optimism.
Oil market sentiment shifts amid changing geopolitical conditions - London Business News | Londonlovesbusiness.comCrude oil futures stabilized amid cautious sentiment and geopolitical developments, with potential for gains depending on the situation in the Middle East.
Crude oil prices capped by weak demand outlook - London Business News | Londonlovesbusiness.comCrude oil futures are constrained by weak demand, despite potential support from geopolitical tensions and stimulus measures in China.
Crude prices pressured by China's slowdown - London Business News | Londonlovesbusiness.comCrude oil prices are under downward pressure due to macroeconomic factors, particularly the economic slowdown in China.
Crude prices surge as US sanctions disrupt Russian oil exports to Asia - London Business News | Londonlovesbusiness.comExpanded U.S. sanctions on Russian oil could significantly raise global crude prices due to disrupted exports.
Oil prices remain volatile ahead of Fed decision, cautious market sentiment persists - London Business News | Londonlovesbusiness.comMarket caution prevails ahead of the U.S. Federal Reserve's rate decision and new sanctions on Russian oil, leading to volatility in crude oil futures.
US sanctions on Russia's two main oil producers complicates logistical challenges for Moscow - London Business News | Londonlovesbusiness.comThe crude oil market has surged, with strong buyer control and Brent futures potentially surpassing $85 driven by new sanctions on Russia.
Crude prices surge as US sanctions disrupt Russian oil exports to Asia - London Business News | Londonlovesbusiness.comExpanded U.S. sanctions on Russian oil could significantly raise global crude prices due to disrupted exports.
Oil prices remain volatile ahead of Fed decision, cautious market sentiment persists - London Business News | Londonlovesbusiness.comMarket caution prevails ahead of the U.S. Federal Reserve's rate decision and new sanctions on Russian oil, leading to volatility in crude oil futures.
US sanctions on Russia's two main oil producers complicates logistical challenges for Moscow - London Business News | Londonlovesbusiness.comThe crude oil market has surged, with strong buyer control and Brent futures potentially surpassing $85 driven by new sanctions on Russia.
WTI crude prices hold above $70 a barrel - London Business News | Londonlovesbusiness.comThe inventory drop has positively impacted crude oil prices, signaling reduced supply and stronger demand expectations.
WTI crude oil outlook: Final test near $70 ahead of the Fed's pivotal decision - London Business News | Londonlovesbusiness.comWTI crude oil stability is pivotal as markets await the Federal Reserve's decision on interest rates, impacting future price directions.
Crude oil under pressure as market eyes Chinese demand - London Business News | Londonlovesbusiness.comCrude oil futures are pressured by worries about Chinese demand and U.S. interest rates.The market is cautious amid disappointing economic data from China.Anticipation of a U.S. Federal Reserve interest rate cut influences investor sentiment.
Slower US rate cuts weigh on crude, dampening demand growth outlook - London Business News | Londonlovesbusiness.comThe U.S. Federal Reserve's rate cut strategy is impacting crude oil prices and demand outlook.Concerns about economic slowdown are limiting upward momentum in oil prices.Despite a drop in U.S. crude stocks, global oil demand is underperforming.],tags:[Crude Oil,Federal Reserve,Interest Rates,Market Sentiment,Oil Demand
WTI crude oil outlook: Final test near $70 ahead of the Fed's pivotal decision - London Business News | Londonlovesbusiness.comWTI crude oil stability is pivotal as markets await the Federal Reserve's decision on interest rates, impacting future price directions.
Crude oil under pressure as market eyes Chinese demand - London Business News | Londonlovesbusiness.comCrude oil futures are pressured by worries about Chinese demand and U.S. interest rates.The market is cautious amid disappointing economic data from China.Anticipation of a U.S. Federal Reserve interest rate cut influences investor sentiment.
Slower US rate cuts weigh on crude, dampening demand growth outlook - London Business News | Londonlovesbusiness.comThe U.S. Federal Reserve's rate cut strategy is impacting crude oil prices and demand outlook.Concerns about economic slowdown are limiting upward momentum in oil prices.Despite a drop in U.S. crude stocks, global oil demand is underperforming.],tags:[Crude Oil,Federal Reserve,Interest Rates,Market Sentiment,Oil Demand
Oil prices post their biggest gains in five weeks - London Business News | Londonlovesbusiness.comCrude oil prices have rebounded significantly, but sustainability remains uncertain due to various economic and geopolitical factors.
Crude oil set to close the week lower amid demand concerns - London Business News | Londonlovesbusiness.comCrude oil prices are under pressure from mixed economic signals, particularly from China, and lowered forecasts for global demand by OPEC and the IEA.
Oil prices post their biggest gains in five weeks - London Business News | Londonlovesbusiness.comCrude oil prices have rebounded significantly, but sustainability remains uncertain due to various economic and geopolitical factors.
Crude oil set to close the week lower amid demand concerns - London Business News | Londonlovesbusiness.comCrude oil prices are under pressure from mixed economic signals, particularly from China, and lowered forecasts for global demand by OPEC and the IEA.
Hurricane Helene forces these Gulf Coast energy facilities to scale back operationsHurricane Helene threatens the U.S. Gulf Coast, leading to significant evacuations and shutdowns of energy production facilities.
Houthis to allow access to stricken Red Sea tanker amid fears of huge oil spillThe Houthis agree to allow access to the damaged Sounion tanker in the Red Sea after international pressure, amid concerns of a significant oil spill.
WTI crude oil rises after API report - London Business News | Londonlovesbusiness.comA surprising decrease in US crude oil inventories has caused a slight price rise in WTI crude oil, indicating stronger demand expectations.
Crude oil trades sideways amid 'last chance' Gaza ceasefire negotiations - London Business News | Londonlovesbusiness.comCrude oil prices are influenced by mixed economic data from China and ongoing geopolitical tensions, particularly regarding the Gaza ceasefire negotiations.
Oil tries to recover from the May bottom with more positive numbers for the Chinese economyCrude oil prices rising by 0.3% due to positive signs of future demand from China.
Oil price forecasts after the easing of market concernsCrude oil prices near $83.50 stabilized due to lower U.S. crude inventory, with market sentiment weak amidst geopolitical concerns and rising inflation.
Oil continues to decline today amid the hope for a ceasefire in Gaza - London Business News | Londonlovesbusiness.comCrude oil prices declining for the third day due to reduced supply concerns and hopes of Gaza ceasefire, impacting energy markets amid regional tensions and economic contraction.