As OPEC's production cuts tighten supply, crude oil traders monitor Iraqi export resumption discussions and China's faltering demand.
Oil prices were up in early trade on Tuesday ahead of data later expected to show a draw in U.S. crude oil and gasoline inventories, though persistent concerns over a slowdown in China's economy limit

Oil futures mark first decline in 3 sessions

02:37pm, Monday, 21'st Aug 2023
Oil futures settled lower on Monday, after posting gains in the past two trading sessions. “Demand concerns continue to limit total upside and have the market hesitant” to push far above the $80 a
Oil traders worry that higher interest rates will put pressure on demand.
Crude oil markets have rallied a bit during the trading session on Monday, as it looks like they're trying to recover completely.
Oil futures rose early Monday, after ending a streak of seven straight weekly gains, with underlying support tied to production cuts led by Saudi Arabia.
Martijn Rats of Morgan Stanley discusses the outlook for oil markets and says "this year is probably the last year of the
Brent and WTI crude oil futures rise, echoing global supply constraints and OPEC decisions.
Oil prices were steady on Monday with Brent staying above $80 a barrel, as investors balanced tightening supply driven by OPEC+ cuts with nagging concerns about global demand growth amid high interest
U.S. oil futures settled higher on Friday, but prices based on the front-month contract lost more than 2% for the week, according to Dow Jones Market Data. “There continues to be a battle royale bet
Traders use the recent pullback in oil prices as an opportunity to increase their long positions.
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk on the Street' to discuss the more powerful dynamic for oil markets, the Saudis discipline with production cuts, and
Crude oil markets initially rallied a bit during the trading session on Friday but have given back a bit of the gains to show hesitation.
Crude oil markets have fallen a bit during the course of the trading week to touch the 50-Week EMA, and perhaps show signs of support.
Oil futures edged lower Friday, on track to snap a run of seven straight weekly gains as worries about Chinese demand, rising bond yields and a stronger dollar take a toll.
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