Post Tagged with: "China trade deal"

Source: Reuters

Oil up after Trump assurance on China trade deal

Reuters


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 …

Source: Reuters

Oil steady as trade hopes, Mideast tensions support, dollar weighs

Reuters


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 …

Source: Houston Chronicle

Oil set for strongest year since 2016 on OPEC cuts, trade truce

Houston Chronicle


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 …

December 31, 2019 - 11:00 am China, Closing Bell Story‎, Crude Oil News, Energy News, OPEC
Source: Reuters

Oil hits three-month high on upbeat data, Middle East tension

Reuters


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 …

Source: Reuters

Oil set for third weekly rise despite Friday fall

Reuters


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 …

Source: Reuters

Oil hovers near three-month highs on trade progress, lower inventories

Reuters


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 …

Source: Houston Chronicle

Oil touches $61 for first time in 3 months as optimism abounds

Houston Chronicle


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 …

Source: Houston Chronicle

Oil stays above $60 on U.S.-China trade accord optimism

Houston Chronicle


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 …

Source: Reuters

Factbox: How China tariffs on U.S. commodities, energy stand after ‘phase one’ trade deal

Reuters


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 …

December 16, 2019 - 2:30 pm China, Closing Bell Story‎, International, Uncategorized
Source: Reuters

Goldman Sachs raises 12-month commodity returns forecast

Reuters


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 …

December 16, 2019 - 12:00 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: Houston Chronicle

Fuel prices make small dip despite higher crude values

Houston Chronicle

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 …

December 16, 2019 - 11:00 am Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Oil falls as Trump says China trade deal could be delayed

Reuters


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 …

Oil falls as weak Chinese data offsets hope on U.S.-China trade talks

Oil falls as weak Chinese data offsets hope on U.S.-China trade talks

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 …