Post Tagged with: "higher"

Source: Reuters

Oil edges higher as supply still seen tight after OPEC+ hike

Reuters


TOKYO: Oil prices edged higher on Tuesday, trading near seven-year highs hit last week, as investors bet supplies will stay tight, with a limited production hike by major oil producers and a strong post-pandemic recovery in fuel demand.

Brent …

Source: Reuters

Oil edges higher on tight supply, surge in U.S. refining activity

Reuters


NEW YORK: Oil prices rose on Wednesday, buoyed by tight supplies and as U.S. refiners drove processing activity to their highest level since before the coronavirus pandemic started.

Brent crude futures for July rose by 48 cents to $114.03 …

Source: Reuters

Uncertainty over Russian supply sends European gas prices higher

World Oil


MOSCOW (Bloomberg) – European natural gas futures jumped, extending their rebound from last week’s slump, as shipments from Russia fell.

While Europe’s biggest supplier has promised additional volumes starting next week, gas flows to the region declined over …

Source: Reuters

Oil inches higher as upbeat demand outlook counters supply concerns

Reuters


LONDON – Oil prices inched higher on Friday, with Brent holding near $70 a barrel as strong U.S. economic data and expectations of a rebound in global demand outweighed concerns about more supply from Iran once sanctions are lifted.…