Paul Carsten

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Articles

Oil settles down more than 1% on tariff worry, supply-demand expectations

1 month ago | theprint.in | Amanda Stephenson |Paul Carsten

The International Energy Agency reported that global oil supply could exceed demand by around 600,000 barrels per day this year, with global demand now expected to rise by just 1.03 million bpd, off last month’s forecast by 70,000 bpd. The report cited deteriorating macroeconomic conditions, including escalating trade tensions.
Oil Prices Held Down by Trump Tariff Uncertainty

Jan 23, 2025 | gurutrade.com | Paul Carsten |Emily Chow |David Goodman

Recent gains eroded by mixed market drivers, says analyst Trump tariffs could dampen global oil demand growth Higher U.S. crude stocks also pressure prices LONDON, Jan 23 (Reuters) - Oil prices were little changed on Thursday, maintaining the previous session's losses on uncertainty over how U.S. President Donald Trump's proposed tariffs and energy policies would affect global economic growth and energy demand. Brent crude futures dipped 2 cents to $78.98 a barrel by 0941 GMT.
Oil retreats slightly after boost from US crude draw, Russia sanctions

Jan 16, 2025 | msn.com | Paul Carsten

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El crudo se estabiliza tras impulso por caída de inventarios de EEUU y sanciones a Rusia

Jan 16, 2025 | msn.com | Paul Carsten

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Oil retreats slightly after boost from U.S. crude draw, Russian sanctions

Jan 16, 2025 | theglobeandmail.com | Paul Carsten
Oil Edges Higher, Markets Weigh Demand against US Inventories

Jan 9, 2025 | gurutrade.com | Paul Carsten |Yuka Obayashi |David Goodman

Analysts expect Jan demand to grow by 1.4 mln bpd US gasoline and distillates stocks rise more than expected Saudi Arabia crude oil supply to China to fall in Feb LONDON, Jan 9 (Reuters) - Oil prices rose slightly on Thursday as investors factored in firm winter fuel demand expectations despite large U.S. fuel inventories and macroeconomic concerns. Brent crude futures were up 35 cents, or 0.5%, at $76.51 a barrel by 1246 GMT.
Oil prices steady as markets weigh demand against US inventories

Jan 9, 2025 | zawya.com | Paul Carsten

Oil prices were little changed on Thursday as investors weighed firm winter fuel demand expectations against large U.S. fuel inventories and macroeconomic concerns. Brent crude futures were down 3 cents at $76.13 a barrel by 1003 GMT. U.S. West Texas Intermediate crude futures dipped 10 cents to $73.22. Both benchmarks fell more than 1% on Wednesday as a stronger dollar and a bigger than expected rise in U.S. fuel stockpiles pressured prices.
Oil prices hold steady in thin holiday trade

Dec 30, 2024 | theglobeandmail.com | Paul Carsten
Oil prices rise in thin pre-Christmas trade

Dec 24, 2024 | theglobeandmail.com | Paul Carsten
Oil prices dip on demand concerns, focus on U.S. Federal Reserve meeting

Dec 17, 2024 | theglobeandmail.com | Paul Carsten

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