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Posted 30/05/2023

Oil Prices Inch Up as Markets Weigh Fed Rate Hike Fears, Debt Deal Hope

Slightly higher oil prices were seen in early Asian trade on Tuesday as investors...

Posted 29/05/2023

Oil Prices Rise after the U.S. Reaches a Debt Ceiling Deal

Oil prices gained on Monday as the US reached a preliminary debt ceiling deal,...

Posted 24/05/2023

Oil Prices Gain 1% on Massive U.S. Inventory Drop, Demand Fears Remain

The tightening of U.S. stockpiles and fuel supply, as well as a warning from...

Posted 23/05/2023

Oil Rises on Higher Crude Demand Outlook, but US Default Fears Limit Gain

Oil prices increased on Tuesday as investors expected a tighter market due to seasonal...

Posted 22/05/2023

Oil Prices Retreat on Debt Ceiling Worries

Early Asian trade on Monday saw oil prices fall, extending losses into a third...

Posted 19/05/2023

Oil Rises on Debt Ceiling Optimism, Offsetting Recession Concerns

Early Friday Asian trade showed a rise in oil prices, and prices looked set...

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