Oil prices fell on Wednesday as investors reassessed the ability of China’s stimulus programs to boost the economy enough to spur higher fuel demand growth in the world’s biggest crude importer. Brent crude futures were down 17 cents, or 0.2%, at $75 a barrel. U.S. West Texas Intermediate crude was down 24 cents, or 0.3%,…
Oil prices fell slightly on Tuesday on factors including weaker Chinese demand. Brent crude was down 4 cents, or 0.06%, at $72.80 a barrel. At $68.60 a barrel, the U.S. West Texas Intermediate crude futures lost 10 paise, or 0.15%. The NHC noted that analysts “risk at least 125,000 barrels per day (bpd) of oil…
Although the gains were constrained by ongoing demand concerns, oil prices increased somewhat after falling to multi-month lows earlier because major producers may postpone an output rise scheduled for next month and because U.S. stocks decreased. November Brent crude futures saw a 0.1% increase, or 15 cents, to $72.85, following a 1.4% decline to the…
