Post Tagged with: "crude oil pricing"

Oil Steadies as U.S. Supply Concerns Ease But Iran Tensions Loom

Oil Steadies as U.S. Supply Concerns Ease But Iran Tensions Loom

From CNBC


Oil prices steadied on Tuesday as a resumption of production in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply from shale oil countered tensions in the Middle East. 

Uncertainty about China’s economic prospects

Oil Jumps Up Near $60 on Biggest U.S. Stockpile Drop Since 2016 

Oil Jumps Up Near $60 on Biggest U.S. Stockpile Drop Since 2016 

From Bloomgerg 

Inventories declined 12.8 million barrels last week, EIA says 

Oil rose near $60 a barrel for the first time this month as a huge drop in U.S. crude inventories bolstered the outlook for demand. 

Futures in New York