supply concerns News

BoE's Greene Warns: Slack in UK Labor Market Grows Amid Stubborn Wage Growth

Bank of England's Megan Greene discusses the growing slack in the UK labor market and persistent wage growth, alongside concerns over inflation expectations and supply weaknesses.

Oil Prices Surge to February Highs Amid Growing Supply Concerns and Geopolitical Tensions

Oil prices hit their highest since late February due to supply concerns and geopolitical tensions, with WTI and Brent seeing significant gains. Former President Trump's warning abo...

Middle East Tensions Fuel Oil Price Surge: A 1% Increase Amidst Growing Supply Concerns

Oil prices surged by 1% due to escalating Middle East tensions, with U.S. strikes in Yemen and Israeli attacks on Gaza raising supply concerns. The Houthis' vow to escalate confron...

Global Oil Prices Dip Over 1.5% as Easing Supply Concerns Brighten Market Outlook

Oil prices fell over 1.5% as U.S. President Donald Trump's decision to ease sanctions on Colombia alleviated supply concerns, impacting global markets. WTI and Brent crude prices d...

WTI Crude Surpasses $75 Mark Amid Supply Concerns and Geopolitical Tensions

WTI crude oil prices surged above $75 for the first time since October 2024, driven by supply concerns and geopolitical tensions. U.S. crude inventories dropped significantly, and ...

US Oil Inventories Drop Sparks WTI Surge: What's Next for Oil Prices?

Oil futures prices surged on Wednesday following a reported 0.9 million barrel decrease in US oil inventories, sparking supply concerns and driving WTI and Brent prices higher.