Oil Prices

U.S, EU Vow to Combat Any Attempts to Disrupt Energy Markets

 The U.S. and EU pledged on Tuesday to confront any attempts to destabilise global energy markets, after meeting in Brussels to discuss the impact of Russia’s invasion of Ukraine. Cooperation on energy between the United States and the European Union has intensified since Russia slashed gas deliveries to Europe after its invasion of Ukraine last […]

Futures Edge Higher as Tech and Growth Stocks Gain; Focus on Jobs Data

U.S. stock index futures edged higher on Tuesday as some technology and growth stocks rebounded from a selloff in the previous session, while investors awaited key economic data that could determine the Federal Reserve’s monetary tightening path. Tesla Inc rose 1.6% in premarket trading, bouncing back from 6% declines on Monday after disclosing March-quarter deliveries, […]

Oil Rises over 1% On China Demand Hopes, U.S. Inflation in Focus

Oil rose more than 1 percent on Thursday supported by optimism over China’s demand outlook and hopes that upcoming inflation data from the United States will point to a slower increase in interest rates. Top oil importer China is reopening its economy after the end of strict COVID-19 curbs, boosting optimism that demand for fuel […]