Oil remains near five-week high on expectation of producer action
Oil prices remained near five-week highs on Tuesday, fueled by talk of producers taking action to prop up the…
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French FM calls for quicker investigations on EgyptAir MS804 crash
During a phone call on Wednesday, French foreign minister Jean-Marc Ayrault reminded Egypt’s Minister of Foreign…
U.S. crude remains below $40 as oversupply weighs
Oil prices remained weak on Wednesday, with U.S. crude below $40 per barrel and Brent under $42, as fuel oversupply…
Dollar languishes ahead of Fed, BOJ meetings
The dollar remained subdued on Wednesday after a broad retreat overnight ahead of policy decisions by both the…
Oil prices jump on weak dollar, strong investor appetite
Crude oil futures rose around half a dollar on Wednesday and remained near 2016 highs on the back of strong…
Brent holds above $40 as some investors call bottom on oil rout
Oil prices fell on Tuesday on weak Chinese trading data, but Brent remained over $40 a barrel after jumping to 2016…
Oil prices remain weak as slowing demand adds to high output
Crude oil prices remained under pressure on Tuesday as fears of slowing demand added to worries over near-record…
Oil prices weak as demand seen sagging toward year-end
Crude oil prices remained weak on Monday as a slowing demand outlook implied oversupply will remain in place for…
AfDB 2023