Tag: tread
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Oil prices tread water as markets weigh China recovery, Fed caution
[ad_1] By Ambar Warrick Investing.com — Oil prices were muted in early trade on Tuesday as optimism over better-than-expected economic data from China was offset by caution over an upcoming Federal Reserve meeting and an OPEC decision on production. Chinese business activity , government data showed, indicating that the country’s economy was clearly on a path…
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Oil Prices Tread Water Between Tightening Supply, Recession Fears
[ad_1] By Ambar Warrick Investing.com– Oil prices were muted on Tuesday as markets weighed signs of tightening crude supply against increasing fears that a global economic slowdown will erode crude demand this year. Crude markets marked a slow start to the week, retaining most of last week’s losses amid growing signs that the United States will…