No Picture
Business News

Oil creeps up as MidEast tensions flare, but gains capped by glum demand outlook

Oil prices edged higher on Tuesday amid lingering concerns about possible supply disruptions in the Middle East, but an overall weaker demand outlook kept a lid on gains, helped by a vow by the International Energy Agency (IEA) to take swift action to keep global oil markets adequately supplied.

…read more […]

No Picture
Business News

Oil inches up amid Middle East tensions; frail demand outlook caps gains

Oil prices edged higher on Tuesday amid lingering concerns about possible supply disruptions in the Middle East, but an overall weaker demand outlook kept a lid on gains, helped by a vow by the International Energy Agency (IEA) to take swift action to keep global oil markets adequately supplied.

…read more […]