Oil prices rose in Asian trade on Thursday, recovering some ground after several days of bruising losses as industrial data showed that US inventories marked an unexpected balance last week. Brent oil futures for December delivery were up 0.6% at $74.67 a barrel, while West Texas Intermediate crude futures were up 0.6% at $70.27 a…
Oil prices rose slightly in Asian trade on Wednesday, steady after posting bruising losses last week as less severe increases in the Middle East and weaker demand weighed. Oil prices fell more than 4% after Israel said in a statement it would not attack Iran’s oil and nuclear facilities. Brent oil futures for December were…
Oil prices were little changed on Tuesday. Because oil production is expected to suffer due to strong supply prospects and rising tensions in the Middle East. Brent crude futures for December delivery were up 7 cents, or 0.1%, at $71.77 a barrel. West Texas Intermediate crude futures for November delivery were up 8 cents, or…
