Fuelmate

06/09/2024

Oil prices fall as demand outlook remains weak. ⛽

Oil prices are set for another weekly loss even after the U.S. Energy Information Administration reported a weekly decline in inventories and OPEC+ said it would delay its rollback of production cuts by two months.

Read more on our weekly oil prices blog 👉 https://www.fuelmate.co.uk/news-advice/weekly-oil-prices

Oil prices edge lower in a volatile week of trading.

30/08/2024

Oil prices edge lower in a volatile week of trading.

Oil prices ended lower this week following a volatile few days of trading as an increase in violence in the Middle East prompted worry about supply.

Read more on our weekly oil prices blog 👉 https://www.fuelmate.co.uk/news-advice/weekly-oil-prices

Oil prices edge lower in a volatile week of trading.

23/08/2024

Oil prices fall as concerns over of the Chinese economy re-emerge.

Crude oil prices fell sharply this week following a series of economic reports from China suggesting weakening oil demand.

Read more on our weekly oil prices blog 👉 https://bit.ly/3z1EXrj

Oil prices fall as concerns over of the Chinese economy re-emerge.

16/08/2024

Oil price nudge higher as economic optimism returns.

Oil prices are set for a weekly increase as optimism returned to the oil market following the release of a couple of better-than-expected reports on the U.S. economy.

Read more on our weekly oil prices blog 👉 https://www.fuelmate.co.uk/news-advice/weekly-oil-prices

Oil price nudge higher as economic optimism returns. Oil prices are set for a weekly increase as optimism ...

09/08/2024

Oil prices have fallen again this week, now the fourth consecutive weekly price drop as global stock markets failed to fully recover from Monday’s losses when recession fears sent global markets into a freefall.

Read more on our weekly oil prices blog 👉 https://bit.ly/3SID8Gv

02/08/2024

Slowdown in manufacturing pushes oil lower despite tension escalations in the Middle East

Despite a surge in oil prices this week on expectations of a major escalation in the Middle East, the benchmarks were set for their fourth weekly loss in a row as demand concern outweighed the war premium.

Read more on our weekly oil prices blog 👉 https://www.fuelmate.co.uk/news-advice/slowdown-in-manufacturing-pushes-oil-lower-despite-tension-escalations-in-the-middle-east

Despite a surge in oil prices this week on expectations of a major escalation in the Middle East, the benchmarks were set for their fourth weekly loss in a row as demand concern outweighed the war premium.

26/07/2024

Lack of Chinese demand continues to send oil prices lower.

Crude oil prices are on track for a third weekly loss in a row, pressured by the perception of weaker-than-desired Chinese demand.

Read more on our weekly oil prices blog 👉 https://www.fuelmate.co.uk/news-advice/lack-of-chinese-demand-continues-to-send-oil-prices-lower

Crude oil prices are on track for a third weekly loss in a row, pressured by the perception of weaker-than-desired Chinese demand.

19/07/2024

Oil prices fall for the second week as mixed economic signals take hold.

Oil prices fell this week, putting them on track for a second weekly decline, as a strong dollar and mixed economic signals weighed on investor sentiment.

Read more on our weekly oil prices blog 👉 https://www.fuelmate.co.uk/news-advice/oil-prices-fall-for-the-second-week-as-mixed-economic-signals-take-hold

Oil prices fell this week, putting them on track for a second weekly decline, as a strong dollar and mixed economic signals weighed on investor sentiment.

28/06/2024

Oil prices poised for third weekly gain on the back of a positive economic outlook.

Oil prices are poised for a third straight weekly jump, buoyed by growing expectations that the U.S. central bank will soon start to cut interest rates.

Read more on our weekly oil prices blog 👉

Oil prices are poised for a third straight weekly jump, buoyed by growing expectations that the U.S. central bank will soon start to cut interest rates.

21/06/2024

Oil prices set for a second week of gains as demand improves.

Crude oil prices have risen for a second week amid signs of improving demand and falling oil and fuel inventories in the U.S., the world's biggest oil consumer.

Read more on our weekly oil prices blog 👉 https://www.fuelmate.co.uk/news-advice/oil-prices-set-for-a-second-week-of-gains-as-demand-improves

Crude oil prices have risen for a second week amid signs of improving demand and falling oil and fuel inventories in the U.S., the world's biggest oil consumer.

14/06/2024

Oil prices head higher despite mixed data.

Crude oil prices increased this week as market players turned optimistic about demand despite conflicting signals from OPEC and the IEA.

Read more on our weekly oil prices blog 👉 https://www.fuelmate.co.uk/news-advice/oil-prices-head-higher-despite-mixed-data

Crude oil prices increased this week as market players turned optimistic about demand despite conflicting signals from OPEC and the IEA.

13/06/2024

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31/05/2024

Oil prices hold steady as OPEC+ likely to maintain production cuts.

Oil prices were mixed this week as the expectation that OPEC+ will maintain crude supply curbs at its June 2 meeting, while the start of U.S. summer driving season and a weaker dollar also boosted the commodity.

Read more on our weekly oil prices blog 👉 https://www.fuelmate.co.uk/news-advice/oil-prices-hold-steady-as-opec-likely-to-maintain-production-cuts

Oil prices were mixed this week as the expectation that OPEC+ will maintain crude supply curbs at its June 2 meeting, while the start of U.S. summer driving season and a weaker dollar also boosted the commodity.

24/05/2024

Short-term outlook for oil prices remains weak.

Crude oil prices have remained fairly static in trading this week, wiping out most of the gains following a brief rally last Friday.

Read more on our weekly oil prices blog 👉https://www.fuelmate.co.uk/news-advice/short-term-outlook-for-oil-prices-remains-weak

17/05/2024

Oil prices hold firm as stocks fall and US inflation eases

Oil prices have remained fairly static this week, as a softer U.S. dollar, declining U.S. inventories, and increased Chinese stimulus measures have raised hopes of improving demand.

Read more on our weekly oil prices blog 👉https://www.fuelmate.co.uk/news-advice/oil-prices-hold-firm-as-stocks-fall-and-us-inflation-eases

10/05/2024

Oil prices continue to drop but future falls could be limited.

Oil prices posted their sharpest weekly losses in three months last week as investors priced out the risks of a direct and wider conflict between Israel and other big oil producers in the region.

Read more on our weekly oil prices blog 👉https://www.fuelmate.co.uk/news-advice/oil-prices-continue-to-drop-but-future-falls-could-be-limited

03/05/2024

Oil prices continue to slide as demand concerns grow.

Crude oil prices resulted in another weekly loss after the U.S. Federal Reserve signalled once again it had no immediate plans to start cutting rates, in turn impacting consumer confidence and therefore potential oil demand.

Read more on our weekly oil prices blog 👉 https://bit.ly/3K57Ftz

26/04/2024

Oil prices trade lower despite a worsening situation in the Middle East.

Crude oil prices began trading lower this week after a brief rally last Friday as Iran geared up for a retaliatory strike on Israel.

Read more on our weekly oil prices blog 👉https://bit.ly/4dhKsSi

19/04/2024

Oil prices trade lower despite a worsening situation in the Middle East

Crude oil prices began trading lower this week after a brief rally last Friday as Iran geared up for a retaliatory strike on Israel.

Read more on our weekly oil prices blog 👉https://bit.ly/3xImFuf

12/04/2024

Oil prices ease on renewed push for a Middle East ceasfire

Oil prices fell this week, ending a multi-session rally after Israel reduced its troops in southern Gaza and began a fresh round of ceasefire talks with Hamas.

Read more on our weekly oil prices blog 👉 https://bit.ly/3Je993U

05/04/2024

Oil prices set for a second weekly gain after Brent breaks $91

Crude oil prices were on track to book their second weekly gain in a row, driven higher by geopolitics and supply concerns.

Read more on our weekly oil prices blog 👉 https://bit.ly/3xlzWbT

22/03/2024

Oil prices hedge higher over tighter supply concerns

Oil prices have surged over the past week as signs of increased U.S. refinery activity, improved Chinese demand and persistent disruptions in the Middle East presented a tight outlook for oil markets.

Read more on our weekly oil prices blog 👉 https://bit.ly/49eN2VW

08/03/2024

Oil prices fall as China fails to impress markets.🛢️

Crude oil prices have fallen slightly this week as China's latest economic revival plans seemed to underwhelm investors as the demand outlook remains weak.

Read more on our weekly oil prices blog 👉https://bit.ly/3Ph75vx

01/03/2024

Oil prices continue to slide US stockpiles mount🛢️

Oil prices experienced a downturn this week as concerns stemming from a significant increase in U.S. crude stockpiles coupled with exacerbating worries about sluggish demand globally.

Read more on our weekly oil prices blog 👉 https://bit.ly/49Rfyxm

16/02/2024

Lack of progress in the Middle East keeps oil prices higher.

Oil prices are set for another weekly gain after clocking volatile swings throughout the week. Higher-than-expected US inflation data have capped this week’s pricing upside as tensions in the Middle East continue to remain intensified amidst several failed mediation attempts to bring about a ceasefire in the Israel-Palestine conflict.

Read more on our weekly oil prices blog 👉 https://bit.ly/3wtTaeU

09/02/2024

Oil heads higher after Israel rejects a ceasefire offer.

After a weak start to the week, crude oil appear set for another weekly gain after the news broke that Israel has rejected a ceasefire offer from Hamas

Read more on our weekly oil prices blog 👉 https://bit.ly/3Szfxav

02/02/2024

Oil prices hedge higher as drone strikes kill US military.

Oil prices remain elevated this week after an Iran-backed drone strike killed three U.S. service members in northern Jordan, adding to supply disruption concerns

Read more on our weekly oil prices blog 👉 https://bit.ly/3w7ERfW

26/01/2024

Oil prices head higher as economic optimism grows.

Solid economic growth figures from the U.S, news about China's economic stimulus and ongoing tensions in the Middle East all combined this week to push oil prices higher.

Read more on our weekly oil prices blog 👉 https://fuelmate.co.uk/oil-prices-head-higher-as-economic-optimism-grows/