- December 2nd, 2024
Oil Rises With Focus on China’s Economy, OPEC+ Supply Meeting
Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ meeting for further direction. ›
Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ meeting for further direction. ›
Oil was steady as traders watched for any further clues to OPEC+’s production plans after it delayed a key virtual meeting by four days. ›
Oil was little changed as trading thinned before the US Thanksgiving holiday, with the focus on an upcoming OPEC+ meeting that has been delayed until December 5. ›
Europe is set for the coldest winter since Russia’s invasion of Ukraine, pushing up already elevated energy costs as the continent dips into its gas reserves at a faster-than-usual rate. ›
Oil steadied as signs OPEC+ will once again delay restoring some output countered easing geopolitical risk after a cease-fire agreement between Israel and Hezbollah. ›
Oil steadied as the market assessed President-elect Donald Trump’s threat of tariffs on Canada, Mexico and China, and progress on a cease-fire agreement between Israel and Hezbollah. ›
European natural gas prices fluctuated as traders assessed forecasts for a return of colder weather that may further test the region’s inventories. ›
Oil declined as Treasury Secretary nominee Scott Bessent pushed for increased US production and Israel said it’s potentially days away from a cease-fire deal with Lebanon’s Hezbollah. ›
Oil headed for the biggest weekly gain since early October on an escalation of hostilities between Russia and Ukraine. ›
Oil rose, shrugging off another gain in US crude stockpiles, as the market weighed an escalation of the Russia-Ukraine war. ›