Page 2 - Oil Prices Slip

Oil prices fall by 1% over fuel demand worries ahead of OPEC+ meeting

Oil prices fell about 1% in early trade on Wednesday before paring some losses, ahead of a meeting OPEC+ producers on fears of a slowdown in global growth hitting fuel demand and a firmer dollar

Oil prices drop by 63 cents to $103.34 ahead of OPEC+ meeting on Aug 3

Oil prices dropped early on Monday as investors braced for this week's meeting of officials from OPEC and other top producers on supply adjustments

Oil prices slump over 3% as stockpiles, rate hikes stoke demand worries

LONDON (Reuters) -Oil prices fell more than $3 on Thursday after higher U.S. gasoline stockpiles stoked demand worries and returning energy supply from Libya and Russia eased supply concerns.

Oil drops as China's rising Covid cases renew fuel demand concerns

China, the world's second-largest oil consumer, on Sunday reported 691 new Covid cases for Saturday, up from 547 the previous day, with locally transmitted cases at the highest since May 23

Oil prices rebound from Tuesday tumble as supply concerns regain footing

Oil prices have risen owing to supply concerns worldwide

Oil slumps $6 a barrel as Biden pushes for U.S. fuel cost cuts

Seven oil companies are set to meet Biden on Thursday, under pressure from the White House to drive down fuel prices as they make record profits

ONGC sees crude oil production rising 11%, gas output jumping 25% by FY25

Reversing the declining trend of the past few years, ONGC said its crude oil production will rise 11 per cent and natural gas output will jump 25%

Oil price surge fans inflation fears, weakens US, European stocks

LONDON (Reuters) - European shares opened weaker on Tuesday and Wall Street was tipped for a fall, as surging oil prices fanned fears of further acceleration in global inflation, forcing the U.S. Federal Reserve and other central banks to keep raising interest rates.

Oil prices recoup losses based on renewed supply worries, dollar weakness

NEW YORK (Reuters) -Oil prices rebounded from earlier losses on Thursday as Chinese officials planned to ease restrictions in Shanghai, which could further tighten global energy supply, and as the dollar retreated from recent gains.

Oil prices slide as investors take profit; supply fear still looms

"Investors scooped up profit after a sharp gain last Friday," said Naohiro Niimura, a partner at Market Risk Advisory.

European shares fall after China's economic data adds to growth woes

Investors are worried that inflation pushing up interest rates will damage the global economy. These fears saw global shares hit their lowest point in 18 months last week.

Oil prices drop with demand outlook pressured, strong dollar

HOUSTON (Reuters) - Oil prices fell $1 on Tuesday, with the demand outlook pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.

Oil prices headed for 3% weekly fall on emergency stocks release

Oil prices inched up on Friday but were set to fall around 3% for the week after consuming countries agreed to release 240 million barrels of oil from emergency stocks to help offset disrupted Russia

Oil prices fall 0.4% on fresh hope of diplomacy over Ukraine crisis

Brent crude slipped to $93.14 a barrel at 0730 GMT, down 40 cents or 0.4%, after earlier touching $95

Oil drops from 7-year high on report some Russian troops return to base

Brent crude fell $2.35, or 2.4%, to $94.13 by 0912 GMT. U.S. West Texas Intermediate (WTI) crude dropped $2.00, or 2.1%, to $93.46

Oil eases on profit-taking, Russia-Ukraine conflict remains key focus

Brent crude futures were at $95.60 a barrel by 0747 GMT, down 88 cents, or 0.9%, after rising $2.04 on Monday

Oil prices ease after 7-year high as Ukraine hints at concessions to Russia

Brent crude was down 81 cents, or 0.9%, at $93.63 a barrel by 1259 GMT, off an ealier peak of $96.16, the highest since October 2014

Oil prices slip on hot US inflation concerns, set for weekly fall

The benchmark oil prices are also in line for their first weekly decline after seven consecutive weekly gains

Oil falls as US crude, fuel stockpiles build prompts profit-taking

Oil prices plunged as an increase in U.S. crude and fuel stockpiles prompted investors to take profits from the rally

Oil prices ease from 2014 high on supply concerns and limit losses

Oil prices slipped back on Thursday after hitting their highest levels since 2014 in the previous session on the back of strong demand and short-term supply disruptions