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Oil Steadies After Spiking on US Inventory Fall

Oil Steadies After Spiking on US Inventory Fall
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Oil prices fall on concerns of slow fuel demand, weak China data - Markets

TOKYO: Oil prices fell on Thursday, paring some of the previous day’s gains, as investors took profits on concerns.

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Oil Prices Rise on Larger-Than-Expected Crude Draw

Oil prices rise on larger-than-expected crude draw, but fears of global economic impact persist.

United statesSaudi arabiaDennis kisslerJerome powellTetsu emoriChristine lagardeRaphael bosticEmori fund management incEuropean central bankFederal reserveEuropean unionUs energy information administrationTexas intermediateInformation administrationFederal reserve chair jerome powellAtlanta fed president raphael bostic

Oil edges higher on U S inventory fall

Oil edges higher on U S inventory fall
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Oil steadies after spiking on US inventory fall

LONDON :Oil prices edged higher on Thursday, buoyed by a bigger-than-expected fall in U.S. inventories, but fears that rising interest rates could dent global economic growth limited further gains.Brent crude futures was up 43 cents, or 0.6 per cent, to $74.46 a barrel by 1358 GMT. U.S. West Texas Intermediat

City ofUnited kingdomUnited statesSaudi arabiaYuka obayashiJason neelyTamas vargaChristine lagardeJerome powellTetsu emoriEmori fund management incEuropean central bankUs energy information administrationTexas intermediateInformation administrationReserve chair jerome powell