Oil steadied after three days of losses as traders weighed an improving supply outlook in a market grappling with a shaky economic outlook.
Oil steadied after three days of losses as traders weighed an improving supply outlook in a market grappling with a shaky economic outlook.
A rally in crude that got underway in late June has faltered over the last couple of weeks due to a deteriorating economic situation in China, signs that U.S. interest rates will need to stay higher for longer and dismal economic data in Europe. That's overshadowed a tightening market driven by Saudi Arabian and Russian supply cuts.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Oil Drops for Fourth Day With Venezuela Aiding Supply OutlookOil fell for a fourth day as an improving supply outlook hit a market grappling with sluggish demand in the biggest importers.
Lire la suite »
US energy firm payouts to oil investors top exploration spending for first timeHOUSTON (Reuters) - Top U.S. energy companies last year paid out more of their earnings to shareholders than they invested in new oil and gas fields ...
Lire la suite »
Oil prices little changed as Chinese economic woes persistBrent crude was down 29 cents at $84.17 a barrel by 1014 GMT, while the more active U.S. West Texas Intermediate October contract slipped 22 cents to $79.90
Lire la suite »
Iraqi, Turkish ministers discuss joint relations in oil and energy sectorBAGHDAD (Reuters) - Iraq's oil minister and his Turkish counterpart discussed joint relations in the oil and energy sector at a meeting in Ankara, a ...
Lire la suite »
U.S. energy firm payouts to oil investors top exploration spending for first time, report saysThe outlook for stronger energy prices has not changed the focus on investor returns from the U.S. industry, according to the report’s authors
Lire la suite »