Oil prices firm on upbeat US economic data

<ul><li>Brent futures gained $1.17, or 1.34%, to trade at $88.64 a barrel by 1332 GMT. U.S. crude was up $1.17, or 1.44%, at $82.18 and on track for its highest daily jump in percentage terms for two weeks.</li></ul>

Oil steadies as US inventory rise counters China demand hopes

<ul><li>Crude has rallied in 2023, with global benchmark Brent crude topping $89 a barrel this week for the first time since early December on the ending of China's COVID-19 controls and hopes that the rise in U.S. interest rates will soon taper off.</li></ul>

Oil rises on China demand recovery hopes, likely unchanged OPEC+ output policy

<ul><li>Brent crude rose 22 cents, or 0.3%, to $86.35 per barrel by 0501 GMT after falling 2.3% in the prior session. U.S. West Texas Intermediate (WTI) crude climbed 13 cents, or 0.2%, to $80.26 per barrel, after a 1.8% drop on Tuesday.</li></ul>

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Oil extends decline on US recession concern, inventory build

<ul><li>West Texas Intermediate dropped toward $78 a barrel after declining almost 1% on Wednesday as US retail sales slowed, stoking concern over a potential slowdown.</li></ul>

Oil steadies as investors zero in on Chinese demand growth

Global benchmark Brent traded near $85 a barrel after shedding 1% on Monday.

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The cues from the US Fed on the likely slowdown in rate tightening have helped gold prices rally from $1,700 levels. Globally, it is trading 5-6 percent lower than the all-time high level recorded in September 2022.

Oil dips, but hovers near 2023 highs on China demand optimism

<ul><li>Brent crude fell 64 cents, or 0.8%, to $84.64 a barrel by 0525 GMT, while U.S. West Texas Intermediate crude was at $79.30 a barrel, down 56 cents, or 0.7%, amid thin trade during a U.S. public holiday.</li></ul>

Oil edged lower as hawkish Fed comments overshadow China outlook

<ul><li>West Texas Intermediate fell toward $74 a barrel after closing 1.2% higher on Monday.</li></ul>

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