LOGO
LOGO

Commodities

Oil Prices Climb On China Stimulus Optimism

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Oil prices rose about 1 percent in European trade amidst fears of lower supplies from Russia and signs of declining inventories. Investors also assessed chances of further stimulus from China after rating agencies sent stark warnings about Wanda Commercial, China's biggest commercial real estate firm.Benchmark Brent crude futures were up a little over 1 percent at $80.45 a barrel, while WTI crude ...

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Market Analysis

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19