July 26 Reuters Oil prices rose slightly on Friday but remained on track for a third straight week of declines due to weak demand in China, the world39;s largest crude importer, and expectations of a ceasefire deal for the Gaza war and related violence in the Middle East. Brent crude futures for September rose 15 […]

July 25 Reuters Oil prices slipped on Thursday as lacklustre Chinese consumption signalled weaker demand from the world39;s biggest crude importer, outweighing support from Wednesday39;s data showing large draws on U.S. oil inventories. Brent crude futures for September fell 91 cents, or 1.1, to 80.80 a barrel by 1315 GMT. U.S. West Texas Intermediate crude […]

LONDON, July 24 Reuters Oil prices traded around their lowest level in six weeks on Wednesday, as the northern hemisphere gets deeper into summer with limited signs of the expected fuel consumption surge the period usually sees. Wednesday saw only a slight reprieve, as prices snapped three straight sessions of decline on falling U.S. crude […]

LONDON, July 23 Reuters Oil prices dipped on Tuesday as growing expectations of a ceasefire in the war in Gaza weighed on prices, more than offsetting news of a potential September interestrate cut in the European Union that supported sentiment. Brent crude futures for September fell 39 cents to 82.01 a barrel by 1135 GMT. U.S. West […]

LONDON, July 22 Reuters Oil prices were little changed on Monday after Joe Biden announced he would not seek a second term as U.S. president, while investors watched for more signs that U.S. interest rates could be cut as early as September. Brent crude futures dipped 9 cents to 82.54 a barrel by 0933 GMT […]

LONDON, July 19 Reuters Oil prices were little changed on Friday as a strong dollar and concern over top oil importer China39;s economy were countered by a tighter supply outlook. Brent crude prices fell by 8 cents, or 0.1, to 85.03 a barrel by 0938 GMT. U.S. West Texas Intermediate crude futures fell 17 cents, […]

LONDON, July 18 Reuters Oil prices extended gains on Thursday, buoyed by a bigger than expected decline in crude stocks in the United States, the world39;s largest oil consumer. Brent futures rose 41 cents, or 0.5, to 85.49 a barrel by 0819 GMT and U.S. West Texas Intermediate WTI crude was up 69 cents, or […]

SINGAPORE, July 17 Reuters Oil prices eased on Wednesday, with global benchmark Brent hovering near a onemonth low hit in the prior session on signs of weakening demand in China, although losses were capped by declining U.S. oil stockpiles. Brent crude oil futures fell 15 cents, or 0.2, to 83.58 a barrel by 0620 GMT. […]

July 16 Reuters Oil prices slipped on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve will begin cutting its key interest rate as soon as September limited declines. Brent futures fell 57 cents, or 0.67, to 84.28 a barrel by 0630 GMT, while U.S. […]

China39;s secondquarter GDP misses forecasts Iraq says it will compensate for oil overproduction Fed39;s Powell talks later on Monday, markets bet on Sept cut LONDON, July 15 Reuters Oil held its ground on Monday as downward pressure from concern about demand in top importer China offset support from strong demand elsewhere, OPEC supply restraint and […]