Post Tagged with: "oil prices climb"

Source: CNBC

Oil climbs 4% despite rise in U.S. inventories


Oil prices rose more than 4% Wednesday, extending gains from the previous session as improved risk appetite provided support despite data showing an unexpected rise in U.S. oil inventories.

Brent crude futures gained $2.73, or 4%, to $72.08 a …

Source: Reuters

Oil prices climb as faith in supply cuts grows


LONDON – Oil prices rose on Tuesday, supported by growing confidence that producers are following through on commitments to cut supplies and as fuel demand picks up as coronavirus lockdowns ease.

Brent crude LCOc1 futures were up 0.8%, or …

Source: Reuters

Oil inches up on U.S. crude inventories, coronavirus limits gains


NEW YORK – Oil prices edged up on Wednesday after U.S. crude in storage grew less than expected and gasoline inventories dropped, but hundreds of new coronavirus cases reported in Asia, Europe and oil-producing countries in the Middle East …

February 26, 2020 - 12:00 pm Closing Bell Story‎, Crude Oil News, Energy News, International