• Education
    • Higher Education
    • Scholarships & Grants
    • Online Learning
    • School Reforms
    • Research & Innovation
  • Lifestyle
    • Travel
    • Food & Drink
    • Fashion & Beauty
    • Home & Living
    • Relationships & Family
  • Technology & Startups
    • Software & Apps
    • Startup Success Stories
    • Startups & Innovations
    • Tech Regulations
    • Venture Capital
    • Artificial Intelligence
    • Cybersecurity
    • Emerging Technologies
    • Gadgets & Devices
    • Industry Analysis
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy
Today Headline
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
Today Headline
No Result
View All Result
Home Technology & Startups

Oil prices muted as slowdown worries offset China data, Mideast risks

March 18, 2025
in Technology & Startups
Reading Time: 2 mins read
A A
0
2
SHARES
4
VIEWS
Share on FacebookShare on Twitter


By Colleen Howe

BEIJING (Reuters) – Oil prices were little changed in early trading on Tuesday as global growth concerns, U.S. tariffs and Russia-Ukraine ceasefire talks offset increased instability in the Middle East that could impact supply.

Brent futures ticked up 10 cents, or 0.14%, to $71.17 a barrel by 0135 GMT, while U.S. West Texas Intermediate crude futures rose 7 cents, or 0.1%, to $67.65 a barrel.

“Fundamentally the economic uncertainties overshadow geopolitical tensions,” said independent market analyst Tina Teng.

“China’s positive data needs to be sustained to gain market confidence as the global demand outlook is still weak amid tariffs and ceasefire talks for the Ukraine war.”

On Monday, Chinese economic data showing that retail sales growth quickened in January-February gave investors reasons for optimism, although factory output fell and the urban jobless rate reached its highest in two years.

Prices also continued to gain support from President Donald Trump’s vow to continue the U.S. assault on Yemen’s Houthis unless the group ends its attacks on ships in the Red Sea.

Meanwhile, talks on Tuesday between Trump and Russian President Vladimir Putin about ending the Ukraine war were in focus. Markets believe a potential peace negotiation would involve the easing of sanctions on Russia and the return of Russian crude supply to global markets, weighing on prices.

Highlighting ongoing concerns about demand, the other key downside risk for oil, the OECD said on Monday that Trump’s tariffs would drag down growth in the U.S., Canada and Mexico, which would weigh on global energy demand.

“With global supply surging and tariffs and trade wars set to hit global demand, we remain of the view that prices will head lower and eventually reach the mid $60s,” said Robert Rennie, head of commodity and carbon strategy at Westpac.

Further adding to global supply, Venezuela’s state-run PDVSA has put together three operational scenarios indicating it plans to continue producing and exporting oil from its joint venture with Chevron after the U.S. major’s licence expires next month, according to a company document reviewed by Reuters on Monday.

In the Middle East, Lebanon and Syria agreed on a ceasefire, their defence ministries said in statements on Monday, after cross-border clashes left 10 dead in the past two days.

Syria is not a major oil producer, but its regime change had raised concerns about further instability in the Middle East.

(Reporting by Colleen Howe; Editing by Jacqueline Wong)

Tags: global demandglobal marketsglobal supplygrowth concernsOil pricesPresident Donald Trumpukraine war
Previous Post

‘Never seen it this bad’: Granville bar owners demand immediate action ahead of FIFA – BC

Next Post

Trump says he will release 80,000 pages of JFK files on Tuesday

Related Posts

Oil rises as draw in US crude stocks signals firm demand

June 26, 2025
4

Nvidia stock notches fresh record high in remarkable 2025 turnaround

June 25, 2025
7
Next Post
Trump says he will release 80,000 pages of JFK files on Tuesday

Trump says he will release 80,000 pages of JFK files on Tuesday

  • Trending
  • Comments
  • Latest
Family calls for change after B.C. nurse dies by suicide after attacks on the job

Family calls for change after B.C. nurse dies by suicide after attacks on the job

April 2, 2025
Pioneering 3D printing project shares successes

Product reduces TPH levels to non-hazardous status

November 27, 2024

Police ID man who died after Corso Italia fight

December 23, 2024

Hospital Mergers Fail to Deliver Better Care or Lower Costs, Study Finds todayheadline

December 31, 2024
Harris tells supporters 'never give up' and urges peaceful transfer of power

Harris tells supporters ‘never give up’ and urges peaceful transfer of power

0
Des Moines Man Accused Of Shooting Ex-Girlfriend's Mother

Des Moines Man Accused Of Shooting Ex-Girlfriend’s Mother

0

Trump ‘looks forward’ to White House meeting with Biden

0
Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

0
Person looking at charts on computer screen.

Here’s How Many Shares of McDonald’s Stock You Must Own to Get $5,000 in Yearly Dividends todayheadline

June 26, 2025

Asia stocks dip as Trump tariff deadline nears; Nikkei jumps on Nvidia boost todayheadline

June 26, 2025
Does Using Artificial Intelligence Reduce Your Actual Intelligence? It's Complicated.

Does Using Artificial Intelligence Ruin Your Actual Intelligence? Scientists Investigated : ScienceAlert todayheadline

June 26, 2025
D.C. delegate in Congress insists for second time she's running for re-election. Her office again says no decision yet.

D.C. delegate in Congress insists for second time she’s running for re-election. Her office again says no decision yet.

June 26, 2025

Recent News

Person looking at charts on computer screen.

Here’s How Many Shares of McDonald’s Stock You Must Own to Get $5,000 in Yearly Dividends todayheadline

June 26, 2025
5

Asia stocks dip as Trump tariff deadline nears; Nikkei jumps on Nvidia boost todayheadline

June 26, 2025
6
Does Using Artificial Intelligence Reduce Your Actual Intelligence? It's Complicated.

Does Using Artificial Intelligence Ruin Your Actual Intelligence? Scientists Investigated : ScienceAlert todayheadline

June 26, 2025
6
D.C. delegate in Congress insists for second time she's running for re-election. Her office again says no decision yet.

D.C. delegate in Congress insists for second time she’s running for re-election. Her office again says no decision yet.

June 26, 2025
3

TodayHeadline is a dynamic news website dedicated to delivering up-to-date and comprehensive news coverage from around the globe.

Follow Us

Browse by Category

  • Africa
  • Asia
  • Basketball
  • Business & Finance
  • Climate Change
  • Crime & Justice
  • Cybersecurity
  • Economic Policies
  • Elections
  • Entertainment
  • Entrepreneurship
  • Environmental Policies
  • Europe
  • Football
  • Gadgets & Devices
  • Health
  • Medical Research
  • Mental Health
  • Middle East
  • Motorsport
  • Olympics
  • Politics
  • Public Health
  • Relationships & Family
  • Science & Environment
  • Software & Apps
  • Space Exploration
  • Sports
  • Stock Market
  • Technology & Startups
  • Tennis
  • Travel
  • Uncategorized
  • Us & Canada
  • Wildlife & Conservation
  • World News

Recent News

Person looking at charts on computer screen.

Here’s How Many Shares of McDonald’s Stock You Must Own to Get $5,000 in Yearly Dividends todayheadline

June 26, 2025

Asia stocks dip as Trump tariff deadline nears; Nikkei jumps on Nvidia boost todayheadline

June 26, 2025
  • Education
  • Lifestyle
  • Technology & Startups
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy

© 2024 Todayheadline.co

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business & Finance
  • Corporate News
  • Economic Policies
  • Entrepreneurship
  • Market Trends
  • Crime & Justice
  • Court Cases
  • Criminal Investigations
  • Cybercrime
  • Legal Reforms
  • Policing
  • Education
  • Higher Education
  • Online Learning
  • Entertainment
  • Awards & Festivals
  • Celebrity News
  • Movies
  • Music
  • Health
  • Fitness & Nutrition
  • Medical Breakthroughs
  • Mental Health
  • Pandemic Updates
  • Lifestyle
  • Fashion & Beauty
  • Food & Drink
  • Home & Living
  • Politics
  • Elections
  • Government Policies
  • International Relations
  • Legislative News
  • Political Parties
  • Africa
  • Asia
  • Europe
  • Middle East
  • Artificial Intelligence
  • Cybersecurity
  • Emerging Technologies
  • Gadgets & Devices
  • Industry Analysis
  • Basketball
  • Football
  • Motorsport
  • Olympics
  • Climate Change
  • Environmental Policies
  • Medical Research
  • Science & Environment
  • Space Exploration
  • Wildlife & Conservation
  • Sports
  • Tennis
  • Technology & Startups
  • Software & Apps
  • Startup Success Stories
  • Startups & Innovations
  • Tech Regulations
  • Venture Capital
  • Uncategorized
  • World News
  • Us & Canada
  • Public Health
  • Relationships & Family
  • Travel
  • Research & Innovation
  • Scholarships & Grants
  • School Reforms
  • Stock Market
  • TV & Streaming
  • Advertise with Us
  • Privacy & Policy
  • About us
  • Contact

© 2024 Todayheadline.co