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Oil prices rise as supply concerns persist
NEW YORK, May 20 (Xinhua) -- Oil prices climbed on Friday, bolstered by lingering concerns over tight supplies.
Oil falls on uncertainty over fuel demand recovery
OIL prices fell on Friday as investors worried that weakening global economic growth and tighter central bank monetary policy could curb a recovery in fuel demand.
Asian shares bounce as China moves to boost housing
SHANGHAI: Asian shares jumped on Friday after China cut a key lending benchmark to support a slowing economy, but a gauge of global equities remained set for its longest weekly losing streak on record amid investor worries about sluggish growth.
Asian markets up after Wall Street battering over recession fears
Asian markets opened higher Friday, as bargain-hunters capitalised on the battering Wall Street took the day before after decades-high inflation sparked recession fears.
Oil price rebounds from two days of losses in volatile trade
NEW YORK: Oil prices rebounded from two days of losses in a volatile session on Thursday, bolstered by weakness in the dollar and expectations that China could ease some lockdown restrictions that could boost demand.
Oil prices rise amid dollar weakness
NEW YORK, May 19 (Xinhua) -- Oil prices climbed on Thursday, amid a slide in the U.S. dollar.
WTI crude futures settle higher
NEW YORK, May 19 (Xinhua) -- U.S. oil prices rose on Thursday.
Oil prices recoup early losses on China hopes, global supply fears
TOKYO: Oil prices rose on Thursday, recovering from early losses, on hopes that planned easing of restrictions in Shanghai could improve fuel demand while lingering concerns over tight global supplies outweighed fears of slower economic growth.
Oil price falls 2.5% as US refiners ramp up output, equities retreat
HOUSTON:Oil prices fell 2.5% on Wednesday, reversing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners ramped up output, and as crude futures followed Wall Street lower.
