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Oil prices rose more than 2 per cent on Monday after China and U.S officials claimed progress in trade talks over the weekend- the first weekly gains since mid-April. Brent crude futures climbed +1.65 ...
Oil futures rose for the first week in the last three after the market shook off the scare over OPEC+โs accelerated production plans and turned its focus to U.S. trade talks.
Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly ...
President Donald Trump wants more oil drilling, but one Texas producer expects low prices to send output downward.
More takeover talk involving potentially several suitors was lifting shares of BP on Friday. U.K. shares of BP UK:BP rose over 3% on Friday, while U.S.-listed shares BP gained over 2%. Barbara ...
but without a deal prices could rise to over US$70, they added. US sanctions on two small Chinese refiners for buying Iranian oil have created difficulties receiving crude and led them to sell ...
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...
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