- December 20th, 2024
Oil Heads for Weekly Drop as Dollar Strengthens on Fed Outlook
Oil declined for a second day, extending a weekly decline, as a strengthening US dollar pressured prices. ›
Oil declined for a second day, extending a weekly decline, as a strengthening US dollar pressured prices. ›
Oil edged lower as expectations for fewer interest-rate cuts by the Federal Reserve next year boosted the dollar. ›
European natural gas edged lower as Slovakia’s push to keep the fuel coming through Ukraine adds optimism about the region’s supply next year. ›
Oil steadied after a two-day drop as an industry report signaled a sizable drawdown in US commercial crude inventories. ›
Oil steadied after falling in the previous session as Chinese economic data failed to dispel concerns about weakening consumption in the biggest crude importer. ›
A pair of gas-fired power stations earned over £1 million ($1.3 million) each in a handful of hours this week when the wind was barely blowing. ›
Oil slipped after a weekly advance as a slew of economic data from China reinforced concerns over weakening demand in the biggest importer. ›
Oil headed for a weekly advance as the prospect for tighter US sanctions against Iran and Russia countered persistent concerns around a sizeable global glut next year. ›
Oil steadied after a three-day gain, as traders digested US comments flagging possible tighter curbs on Russian and Iranian flows, and looked ahead to a monthly outlook from the International Energy Agency. ›
Oil rose ahead of key US inflation data and a monthly report from OPEC that will provide a snapshot on the market. ›