Oil prices rose on Tuesday, offsetting some of the losses of the previous day as the U.S. Tight supply and expectations for a more balanced supply of crude goods provided support, however, fears about the spreading COVID-19 variant paid off. Brent crude for September was up 19 cents, or 0.3%, at 0.521 to $ 75.35…
Oil in Asia fell on Friday morning, according to data released on Thursday. Demand increased as fuel inventories fell and economic recovery led to consumption. Brent oil futures fell 0.32%. At $73.88, crude oil WTI futures fell 0.18%. $72.81. The U.S. The Energy Information Administration (EIA) crude oil supply data showed a balance of 6.866…
Oil was mixed in Asia on Wednesday morning, but the production dispute between Saudi Arabia and the United Arab Emirates (UAE) continued to hover above $ 73. The controversy has stymied efforts by the Organization of the Petroleum Exporting Countries (OPEC) to boost production as the fuel demand outlook is bright. Brent oil futures down…
Oil prices rose on Monday, and no agreement has been reached to increase production after OPEC + countries halted talks on output levels. Brent was up 94 cents, or 1.2%, at 1652 GMT at $ 77.11 a barrel, trading at a 2-1 / 2 year high. The U.S. A barrel of oil increased by $…
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 $…
Oil prices rose in Asian trade on Monday on the bright outlook for fuel demand growth over the next quarter, while investors looked forward to the OPEC + meeting this week to see how manufacturers will respond. Brent crude futures for August were up 50 cents, or 0.7%, at $ 69.22 a barrel, the highest…
U.S. Oil prices rose on Wednesday after the fall in crude oil prices strengthened OPEC’s strong demand outlook, while the market expected new updates on the collapse of the colonial pipeline. U.S. West Texas Intermediate (WTI) crude futures rose 29 cents, or 0.44%, to $ 65.57 a barrel at 0646 GMT, up 36 percent on…
Oil fell in Asia on Monday morning, leaving the U.S. Federal Reserve Chairman Jerome Powell said the U.S. economy was ready for strong growth and warned that the Covid-19 was a risk. Brent oil futures down 0.06% within 13:14 AM ET (5:14 AM GMT). High to 62.91 and the immediate time range for Brent futures…
