Oil Prices Steady Ahead of OPEC Report, China Stimulus Limit Gains
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ($1.40 trillion) debt package to ease local government financing strains, but analysts said it fell short of the amount of stimulus that would be needed to boost growth.
Oil prices were little changed in early trading on Tuesday, awaiting further price direction from OPEC's monthly report after ...
By Emily Chow SINGAPORE (Reuters) -Oil prices were little changed on Tuesday, awaiting further price direction from OPEC's ...
Since July, OPEC has cut its demand growth forecasts by nearly 20%, mirroring a notable decline in crude oil prices.
Oil prices were little changed on Monday as the threat of supply disruptions from a U.S. storm eased and after China's ...
Oil prices drop due to soft demand in China, strong US dollar, and oversupply concerns, impacting global market outlook.
Analysts said the market awaits further price direction from OPEC’s monthly report, to be released later on Tuesday, before charting the next course ...
The report touched on economic growth expected in a number of countries, including China, where the figure remains unchanged ...
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