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Global crude exports fell for the first time since the pandemic due to weak demand and reshuffled trade routes influenced by geopolitical factors.
Oil prices reach their highest level since October, boosted by cold weather and China's economic stimulus measures aimed at increasing demand.
Asian shares start cautiously ahead of significant economic data releases, while the dollar maintains its strength amid ongoing market anticipation.
Oil prices rise as global economic policy support sparks optimism for increased fuel demand amid signs of economic recovery.
Oil prices rise as markets react to China's recovery plans; traders remain watchful over geopolitical risks and upcoming economic data.
Oil prices expected to remain around $70 per barrel in 2025 amid rising supply and weak demand from China, according to a Reuters poll.
Oil prices uplifted by growing Chinese factory activity but are on track to end the year lower due to demand concerns.
Oil prices see a slight increase as traders look to upcoming economic data from China and the US for insight into global demand.
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