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Barchart on MSNCrude Prices Rise on Energy Demand OptimismFriday closed up +1.21 (+1.91%), and July RBOB gasoline (RBN25) closed up +0.0139 (+0.67%). Crude oil and gasoline prices on ...
Here is a look at what happened in oil markets in the week of June 2-6 and what the focus will be in the days to come.
Oil prices dipped but were on track for a weekly gain, while OPEC+ members are expected to agree to two large output hikes for August and September at their next meetings. Oil Prices Have Stayed ...
West Texas Intermediate rose 0.8% to settle above $63 a barrel after China’s official news agency reported that Presidents Donald Trump and Xi Jinping spoke over the phone. The conversation is ...
Oil prices settled higher on Thursday, recovering from the previous day's drop, on news that the US and China agreed to more trade talks following a phone call between US President Donald Trump and ...
The price cut by Saudi Arabia, key oil producer within OPEC - the oil producing group that includes members of the Organization of the Petroleum Exporting Countries and allies such as Russia - follows ...
Oil prices edged higher on Thursday, recovering from the previous day's drop, on news that the U.S. and China agreed to more ...
By boosting supply in a market already grappling with sluggish demand, the move is likely to keep oil prices lower for an ...
Brent crude futures were up 23 cents, or 0.35%, at $65.09 a barrel by 1148 GMT. U.S. West Texas Intermediate crude gained 16 ...
Concerns over slowing U.S. demand were exacerbated by softer-than-expected private payrolls data, which showed the labor ...
Local companies involved in the oil and gas services and equipment (OGSE) industry could see lower offshore activities and ...
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