The crude market posted losses in the mid-morning trading June 17, as the market continued to digest the news of a hike in interest rates by the US Federal Reserve and other central banks. At […]
Crude oil futures were higher in mid-morning Asian trade June 16 as investors returned to buy the dip after the largest US interest rate hike in nearly three decades and builds in US oil inventories […]
Crude oil futures were up in mid-morning Asian trade June 15, with sentiment supported by tight supply amid a forecast of global demand growth by OPEC. At 11:09 am Singapore time (0309 GMT), the ICE […]
Crude oil futures edged higher June 13 amid global supply concerns, but near-term demand concerns pushed refined products prices lower on the day. NYMEX July WTI settled up 26 cents at $120.93/b and ICE August […]
Crude oil futures were lower in midmorning Asian trade June 13, as pandemic-related concerns in China, coupled with a higher-than-expected US inflation report weighed on sentiment. At 10:53 am Singapore time (0253 GMT), the ICE […]
Crude oil futures were down in mid-morning Asian trade June 10, facing headwinds from a stronger US dollar and stagflation concerns, but sentiment remained supported from steady demand during peak driving season. At 10:42 am […]
Crude oil futures were mostly steady in mid-morning Asian trade June 3, consolidating overnight gains as investors continued to downplay the effect of a hike in monthly production quotas by the OPEC+ group. At 10:38 […]
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