Tag Brent

water fountain with taps near wall

Crude oil closes higher as Chinese oil demand recovers

Crude oil futures closed higher on Thursday (Sept. 22), boosted by recovering oil demand in China. In addition, oil supplies are expected to tighten due to the escalation of the war between Russia and Ukraine. Crude oil futures closed higher…

black and brown metal tank

Crude oil lower after Fed rate hike

Crude oil futures closed lower on Wednesday (Sept. 21) after the Federal Reserve (Fed) raised interest rates by 0.75%, raising concerns among investors that this would hurt the economy and oil demand. Initially, crude oil futures rose on reports that…

Change Language