Oil prices rise
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Oil prices rose in early trade on Thursday, reversing the previous session's losses, buoyed by stronger-than-expected economic data from the world’s top oil consumers and signs of easing trade tensions.
Oil futures rebounded after three days of losses, supported by better-than-expected U.S. retail sales and a delayed response to yesterday’s report of a 3.9 million barrel U.S. crude stock draw.
Oil rose amid signs of tighter supplies in the near term and on stronger demand signals in the US. Most Read from BloombergThe Dutch Intersection Is Coming to Save Your LifeAdvocates Fear US Agents Are Using ‘Wellness Checks’ on Children as a Prelude to ArrestsLA Homelessness Drops for Second YearManhattan,
Crude oil futures rise on supply concerns after drone attacks in Iraq's Kurdistan; market supported by lost production.
U.S. crude oil inventories fell last week amid a rise in exports, reversing some of the large stock builds seen the previous two weeks, according to data.
Drones targeted oil fields in Iraq’s semi-autonomous northern Kurdish region Wednesday, the latest in a series of attacks in recent days that have put several o
The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC oil-producing countries. Read more here.
U.S. gasoline and diesel prices rose for a second week due to tight inventories and strong demand, pressuring inflation despite falling oil benchmarks.