Oil retreats for a second consecutive session as some tail risks move to the forefront on Monday. Traders are fearing weaker demand again from Oil importer China, weighing on overall market sentiment.
Oil price slips lower for a second consecutive trading day. Prices retreat as traders focus on Chinese demand fears and efforts to get a ceasefire deal in Gaza. The US Dollar Index eases further after hedge funds go long on the Japanese Yen, which appreciates against the Greenback. Meanwhile, all eyes are on the Middle East, where a successful outcome of Gaza ceasefire talks could reduce supply risks substantially, according to Reuters.
influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Israel-Gaza live updates: Poliovirus detected in wastewater across Gaza, WHO saysHouthis took responsibility for a drone that flew into Tel Aviv undetected.
Read more »
Israeli airstrikes on two Gaza shelters kill 17, says Gaza Civil DefenseRescuers are still responding to the strikes, which killed at least 17 Palestinians, most of them children, according Gaza Civil Defense spokesperson Mahmoud Basal.
Read more »
Israeli airstrike on Gaza shelter leaves around 100 dead, officials in Gaza sayProviding a platform for people, issues and ideas can inspire others to create solutions. That is the power of journalism and to be able to do that now on a national level is an incredible honor.
Read more »
Oil prices slip despite Chinese interest rate cut; Gaza ceasefire in focusOil prices slip despite Chinese interest rate cut; Gaza ceasefire in focus
Read more »
Oil edges higher on Monday ahead of the monthly OPEC releaseOil price jumps higher for a fourth straight day in a row on Monday. Oil traders are sending Crude prices higher with the assumption that the monthly report from the Organization of the Petroleum Exporting Countries (OPEC) will still bear a bullish
Read more »
Postdoctoral Fellowships at West China Hospital/West China School of Medicine of Sichuan University - Chengdu, Sichuan, China job with West China School of Medicine/West China HospitalAbout West China Hospital/West China School of Medicine of Sichuan University West China Hospital/West China School of Medicine of Sichuan University (WCH/WCSM, SCU) was founded in 1892 and recognized as a national general hospital and a diagnosis and treatment center for complex and critical illnesses, as well as a renowned medical school in...
Read more »