Oil rose in Asia on Thursday morning, followed by the U.S. Fuel demand is bright as crude and fuel supplies are declining. Brent oil futures were up 0.05% at $ 75.23 and WTI futures were at $ 73.08. U.S. Department of Energy Information Management. Crude oil supply data, stocks fell in the fifth week, the…
Oil rose in Asia on Wednesday morning, with strong economic recovery from key consumers boosting fuel demand and filtering inflated cargo. Investors are now waiting for a meeting of petroleum exporting countries and allies (OPEC +) for clues on manufacturers’ policy. Brent oil futures rise 0.59%. 75.25 and WTI futures were up 0.47% at $…
Crude oil stocks fell for the fourth week in a row Crude fell on Tuesday as investors paid for the latest rally, but market sentiment remained firm in hopes of a quick recovery in oil demand in the US and European markets and a return on Iranian crude. Brent crude futures for August were down…
Oil prices soared on Monday, strong demand during the summer driving season and the suspension of talks to renew Iran’s nuclear deal could lead to a resumption of crude supplies from OPEC manufacturers. Brent crude for August 0825 GMT was up 23 cents, or 0.3%, at $ 73.74 a barrel. U.S. for July West Texas…
After the US Federal Reserve identified that it may raise interest rates faster than expected, the U.S. Crude oil prices fell on Thursday as the dollar strengthened, but losses 8849 | U.S. crude oil cargo. After reaching a high from April 2019 in the previous session, Brent crude oil futures fell 42 cents, or 0.6%,…
With oil prices soaring on Tuesday and Brent gaining ground for the fourth consecutive session, expectations of an additional supply to the market from Iran soon faded, dragging talks on the US rejoining the nuclear deal with Tehran. Brent crude was up 38 cents, or 0.5%, at $ 73.24 a barrel at 0651 GMT, up…
Oil prices are up on Monday (Nasdaq: MNDY) due to an improved outlook for demand as increased COVID-19 vaccines help lift travel restrictions. Brent crude rose 14 cents or 0.2% to 0123 GMT. Was 72.83. It rose 1.1% last week to $ 73.09 on Friday, May 2019. The U.S. The West Texas Intermediate was up…
Oil in Asia fell on Friday morning but was set to end the week with a third-week gain. The black liquid is close to $ 70 as investors continue to digest different fuel demand perspectives. Brent oil futures down 0.43%. $72.21 and WTI futures were down 0.43% at $ 69.99. The future in New York…
Oil in Asia fell on Thursday morning and India’s demand continued to decline. Brent oil futures were down 0.69% at $ 71.72 and WTI futures were down 0.69% at $ 69.48. India, the world’s third-largest oil consumer, recorded the lowest fuel demand since August 2020 as economic activity was hampered by an increase in COVID-19…
Concerns over the weakening global recovery for crude and fuels extended oil prices’ losses on Tuesday on data that showed a drop in China’s oil imports in May. Overnight, Brent crude was down 49 cents, or 0.7%, to $ 71.00 a barrel at 0643 GMT. U.S. Oil was down 44 cents, or 0.6%, at $…
