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Investing.com
Crude oil settles lower, but ends 3-month losing streak amid geopolitical tensions
Inventories of U.S. crude unexpectedly rose by 1.23M barrels for the week ended Jan. 29, confounding expectations for a draw of 217,000 barrels, according to Wednesday data from the Energy Information Administration.
Investing.com
Oil prices settle higher as healthier global growth outlook eases demand concerns
The global growth outlook was given a boost, helping to ease concerns about crude demand.
Investing.com
Oil prices clinch weekly gain on supply disruptions amid geopolitical tensions
Oil prices settled lower Friday, but eked out a gain for the week as elevated Middle East tensions and a healthier demand outlook overshadowed worries about the impact of slowing global growth. That said, traders remains wary after weak U.K. retail sales reminded the group that economic growth, and thus demand for energy, remains fragile in many parts of the globe.