Wednesday, June 24, 2026
Oil steadies on signs of trade-talks progress, stockpile drop- oil and gas 360

Oil steadies on signs of trade-talks progress, stockpile drop

Houston Chronicle Oil steadied on signs of progress in trade talks between the U.S. and China, and estimates that American crude inventories retreated for the first time in five weeks. Futures traded little changed near $58 a barrel in New York. Washington and Beijing “reached consensus on properly resolving relevant issues” to pursue a “phase one” trade deal during a

OPEC should make right call for fragile world economy: IEA's Birol- oil and gas 360

OPEC should make right call for fragile world economy: IEA’s Birol

Reuters OSLO – OPEC countries, which are meeting next week to discuss their level of oil output, should make the right decision for the global economy, which remains “very fragile”, the head of the International Energy Agency told Reuters on Tuesday. “It is up to OPEC countries to decide, but what I see is that the pressure is strong on