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Oil Rises 2% On First Weekly Gains Since Mid-April
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, or 2.58%, to $65.56 a barrel by 8:33 AM WAT on Monday. The benchmarks rose more than $1 on Friday and gained over 4% last week.
World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind ...
U.S. crude oil inventories posted an unexpected build last week, while product stocks fell amid higher demand, according to ...
NEW YORK (Reuters) -Oil prices climbed about 3% on Tuesday on ... Varga also pointed to the rise in geopolitical risk premium in the Middle East as Israel struck Iran-backed Houthi targets in ...
Oil prices eased on Wednesday after government data showed U.S. crude oil stockpiles rose unexpectedly last week, prompting ...
Oil futures rise for a fourth straight session on improved sentiment after the U.S. and China agreed to cut tariffs for 90 days, which has eased concerns about loss of demand at a time when OPEC+ is ...
U.S. crude oil inventories posted an unexpected build last week, while product stocks fell amid higher demand, according to data released Wednesday by the U.S. Energy Information Administration.
World shares were mostly lower Thursday while oil prices fell more than $2 as traders bet on a possible U.S.-Iran nuclear ...
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