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Browsing: oil price

Oil falls on US demand worries, interest rate fears

3 Mins ReadFebruary 29, 2024

SINGAPORE – Oil prices fell on Thursday after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow demand, while signs that U.S. interest rates could remain elevated added to pressure.

Oil prices steady as market awaits interest rate cues

2 Mins ReadFebruary 29, 2024

Oil prices were little changed Thursday as investors kept their powder dry ahead of U.S. data expected to offer further clues on the outlook for interest rates.

Brent oil price surpasses $84 per barrel, first time since January 29

1 Min ReadFebruary 28, 2024

MOSCOW, February 28. /TASS/. The price of the futures contract for Brent crude oil with May delivery on London’s ICE exceeded $84 per barrel for the first time since January 29.

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