LONDON – Oil prices rose on Tuesday in a volatile session after U.S. President Donald Trump soothed jangled nerves over the status of the U.S.-China trade deal.
Markets were unsettled by surprise comments from White House trade adviser Peter …
NEW YORK – Oil prices were flat on Thursday, supported by signs of improving Washington-Beijing trade relations and rising tensions in the Middle East but pressured by a strong U.S. dollar.
Brent crude futures LCOc1 were unchanged at $66.00 …
Oil in New York headed for its biggest annual increase since 2016, as OPEC’s production cuts tempered supplies while a trade pact between the U.S. and China buoyed the outlook for demand.
West Texas Intermediate futures have climbed …
NEW YORK – Oil prices rose on Monday to three-month highs, lifted by optimism over an expected China-U.S. trade deal and upbeat industrial data, while traders kept a close watch on the Middle East following U.S. air strikes in …
LONDON – Oil prices fell on Friday, but were set for a third straight weekly gain after the easing of U.S.-China trade tensions, which has boosted business confidence and the outlook for global economic growth.
Brent LCOc1 was down …
LONDON – Oil prices hovered near three-month peaks on Thursday, buoyed by falling U.S. crude inventories and thawing trade relations between the United States and China.
Brent crude futures were up 19 cents at $66.36 a barrel at 1447 …
Oil briefly touched $61 a barrel for the first time in three months as strengthening outlooks for manufacturing and trade buoyed demand prospects.
Futures closed 1.2% higher on Tuesday in New York, just 6 cents shy of the …
Oil edged higher to settle at a three-month high on optimism that a partial trade deal between the world’s two largest economies will spur demand for fuel to power trucks, trains, airplanes and cars.
Futures closed above the …
BEIJING/SINGAPORE – China and the United States have agreed terms of a “phase one” trade deal under which Washington reduced some tariffs and Beijing canceled retaliatory duties that were previously scheduled to take effect on Dec. 15.
Before Sunday’s …
Goldman Sachs on Monday raised its 12-month commodity returns forecast by 3% to 6.4% citing an improved outlook for oil after an OPEC-led agreement to curb output further as well as agriculture sector supply concerns.
“Policy clarity” after the …
Prices at the pump have fallen to their lowest levels since March – just in time for the holiday travel break – even though crude oil values have risen in recent weeks.
Seasonal declines in fuel prices and …
LONDON – Oil prices fell on Tuesday after U.S. President Donald Trump said that a trade deal with China could be delayed until after the next U.S. presidential election, though losses were capped by expectations for deeper output cuts …
Source: Reuters
NEW YORK (Reuters) – Oil prices eased on Monday after four days of gains as worries about weak Chinese industrial data offset hopes oil demand will rise as talks progress on a Sino-American trade deal.
Brent futures were …
