Oil steadies as traders await direction from U.S. inflation data, article with image

Share with:


Oil steadies as traders await direction from U.S. inflation data, article with image

Transport Fuels · 9:36 PM PST

A view shows oil terminal Kozmino near Nakhodka

Oil prices steadied on Thursday after falling for three days as the impact of renewed COVID curbs in China, the world’s biggest crude importer, weighed and traders await U.S. inflation data that may give direction on further interest rate increases.

Report an adBehind The News

Decoding COP27: the many shades of green bonds

Why methane emissions are threatening climate stability

European gas prices: why have they been falling?

Caps and corridors: how can Europe contain gas prices?

What are Europe’s alternatives if Russia shuts off gas supply?

What is the SPR, the U.S. emergency oil stash?

Reuters Events Logo

Talking Points

Share with: