Oil set for weekly loss as markets worry about demand

The Brent crude July contract rose 74 cents to USD 81.85 a barrel as of 11:53 a.m. ET (1553 GMT). Th...

Oil steadies after weekly decline on U.S. interest rate prospects

An extension to output cuts of 2.2 million barrels per day is the likely outcome, OPEC+ sources have...

Oil perks up on inventory drawdown forecasts for this year

On Tuesday, the EIA raised its 2024 world oil demand growth forecast to 1.10 million bpd, while OPEC...

Oil drops on weak sentiment, set for weekly decline

China's economy grew at a slower-than-expected 4.7% pace in the second quarter, official data showed...

Oil prices fall as US rate cut fails to boost market sentiment

Weak demand from China's slowing economy also continued to weigh.Oil prices fell in Asian trading on...

Oil ends week higher as investors take stock of Fed rate cuts

"U.S. interest rate cuts have supported risk sentiment, weakened the dollar and supported crude this...