Post Tagged with: "oil on track"

Source: Reuters

Oil on track for second straight weekly gain on resilient demand

BOE Report


Oil prices rose slightly on Friday and were on track for their second straight weekly gain, as resilient demand resulted in a larger-than-expected fall in U.S. oil stocks, offsetting fears of higher U.S. interest rates.

 

Brent crude

Source: Reuters

Oil on track for weekly rise on global supply concerns

Investing


LONDON – Oil prices edged higher on Friday and were on track for weekly gains, supported by the prospect of a tight market due to rising gasoline consumption in the United States in summer, and also the possibility of …