Oil price news: Oil holds advance as risk-on mood eclipses U.S.
4% in AprilThe Daily Chase: French election anxiety continues to weigh down European sharesStatistics Canada says Canadian household debt relative to income down in Q1The Daily Chase: Tesla shares surge as investors vote on 2 resolutionsBrazil Central Bank Is Set to Halt Interest Rate Cuts Due to Credibility CrisisFrance and Italy Get EU Scolding for Deficits as Markets WatchUK Inflation Hits 2% Goal for First Time in Almost Three YearsXi Calls for Greater Loyalty and Discipline in China’s...
Source: Financial Digest (financialdigest.net)
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Oil price news: Oil drifts to February lows amid physical weakness, stock slumpOil slipped as broader investment sentiment soured and traders weighed signs of a weakening physical market ahead of the start of the US summer driving season.
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Oil price news: Oil holds gain as risk-on sentiment helps to support commoditiesOil held near its highest this month, amid risk-on sentiment in global markets that has helped push crude up recently.
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Oil price news: Oil holds near 4-month low on signs of rising U.S. stockpilesOil held losses near a four-month low as an industry report pointed to an increase in U.S. crude stockpiles, adding to bearish sentiment compounded by OPEC+’s plan to boost supply.
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Oil price news: Oil holds steady ahead of OPEC+ meeting, U.S. inventories reportOil held steady after falling on Wednesday, with traders looking to U.S. stockpiles data and an OPEC+ meeting at the weekend for more clarity on the supply-demand outlook.
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Oil price news: Oil holds steady with OPEC+ supply, U.S. demand in focusOil was little changed after its biggest weekly loss in four, with the focus on an OPEC+ supply meeting on Sunday and U.S. demand at the start of the summer driving season.
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Oil price news: Oil algorithmic traders amplify crude price rout after OPEC’s surpriseOil traders that rely on trend-following algorithms compounded a selloff in crude this week as OPEC+ unexpectedly signaled plans to return some supplies to the market later in the year.
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