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China, Oil Prices
Oil Prices Ease, but Geopolitical Risk and China Policy Stance Check Losses
TOKYO (Reuters) - Oil prices eased only slightly on Tuesday, holding on to most of their gains from the prior session as mounting geopolitical risk after the fall of Syrian President Bashar al-Assad and China's vow to ramp up policy stimulus kept a floor under prices.
Oil prices rise as China moves toward monetary easing to boost growth
Oil prices climbed by more than 1% on Monday as top importer China flagged its first move toward a loosened monetary policy since 2010 aiming to bolster economic growth, state media reported citing a Politburo meeting.
Oil prices end higher, lifted by fall of Syria’s Assad and China’s stimulus plans
Oil futures rose Monday, finding modest support after China eased its overall monetary policy stance for the first time in 14 years as the nation’s Politburo vowed more forceful measures to boost the economy of the world’s largest crude importer.
China and OPEC+ Provide Support for Oil Prices
Crude oil prices find support from OPEC+ production cuts and China’s economic recovery, but geopolitical tensions, demand concerns, and macroeconomic factors create a mixed market outlook.
Oil prices rise as China eyes monetary easing to boost growth
Oil prices climbed by more than 1% on Monday as top importer China flagged its first move towards a loosened monetary policy stance since 2010 in a drive to bolster economic growth, state media reported citing a Politburo meeting.
Oil prices rise amid China’s monetary policy move, Assad’s fall
Brent crude futures were up 94 cents to $72.06 a barrel by 0852 GMT, while U.S. West Texas Intermediate crude futures gained $1.00 to $68.20
Saudi Arabia Cuts Oil Prices for Asia
Saudi oil price cut for Asia buyers underscores weakening market outlook
Oil prices rose on China's monetary easing and Assad's ouster in Syria. Saudi Arabia's decision to cut official oil selling prices for Asia underscores weaker demand in the continent.
Saudi Arabia Cuts Oil Prices for Asia After OPEC+ Delays Output Hike
Top oil exporter Saudi Arabia cut prices for all crude grades it sells to Asian customers after the Organization of the Petroleum Exporting Countries and its allies further delayed a planned output hike amid softer prices.
Saudi Arabia cuts crude oil prices for Asia amid nascent demand recovery: Russell
It's always tempting to try and over-analyse changes in the crude oil market and Saudi Arabia's decision to cut its official prices for Asian customers to the lowest level in four years is one such example.
30m
on MSN
China's Nov crude oil imports rebound on lower prices, stockpiling
China's crude oil imports jumped in November from a year earlier for the first annual growth in seven months, data showed on ...
Crude Oil Prices
20h
Oil Prices Jump on Geopolitical Uncertainty but Demand Concerns Remain
Oil prices rose slightly on news of the Syrian takeover, but concerns about weak demand and potential oversupply continue to ...
8h
Oil prices post first gain in 4 sessions
Oil prices finished higher Monday for the first time in four sessions, lifted by the potential for stronger energy demand on the back of China’s plans to stren ...
7h
Syria's revolution could impact US gas prices. Here's how.
The tumult in Syria poses little immediate threat to oil or gasoline prices in the U.S., since Syria plays no meaningful role ...
3d
Oil prices fall on supply glut fears despite OPEC+ output cut extension
Oil prices fell on Friday as analysts continued to forecast a supply surplus in 2025 despite the OPEC+ decision to postpone ...
15h
Oil Markets Shrug Off Overthrow of Syrian Ruler
Traders appeared to be more concerned about tepid global growth and an oversupply from other producers than about Bashar ...
3d
on MSN
The US and other crude producers will take more oil market share from OPEC in the coming years, Bank of America says
The US and other oil-producing nations will account for the bulk of crude supply growth in 2025, Bank of America said.
10h
Gas prices fall below $3 a gallon for first time since 2021 — and more good news on way for drivers
The average retail price in Oklahoma was the lowest in the country, at $2.42 per gallon. Hawaii had the highest average ...
The Daily Star
10h
Edible oil prices up by Tk 8 per litre
The government yesterday raised the retail prices of soybean and super palm oils by Tk 8 per litre. Bottled soybean oil price ...
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