Post Tagged with: "oil prices steady"

Source: Reuters

Oil prices steady as Western leaders meet over Ukraine crisis

Reuters


LONDON: Oil prices were steady on Thursday as the U.S. president met other Western leaders and investors waited to see how sanctions would be tightened on Russia over its invasion of Ukraine.

Benchmark Brent was up 0.3% at $121.95 …

Source: Reuters

Oil steady as U.S. jobs report disappoints

Reuters


LONDON -Oil prices were steady on Friday after a U.S. jobs report indicated a patchy recovery amid the pandemic but the demand picture remained bright globally and the aftermath of a U.S. hurricane also checked losses.

Brent crude futures …

Source: Reuters

Oil prices steady as investors bet demand growth will outlast Delta variant

World Oil


SINGAPORE (Bloomberg) –Oil steadied after a two-day advance as investors bet the global demand recovery will remain intact despite the latest wave of Covid-19 that’s led to tighter restrictions on movement in many countries.

Futures in New York …

Source: Reuters

Oil steady near $70 on hopes of recovering demand

Reuters


LONDON – Oil hovered near $70 a barrel on Friday, supported by production cuts by major oil producers and optimism about a demand recovery in the second half of the year.

Benchmark Brent fell 22 cents, or 0.3%, to …

Source: CNBC

Oil steady as virus fears counter positive factory data

CNBC


Oil prices steadied on Monday, pressured by rising COVID-19 cases around the globe and by oversupply worries as OPEC and its allies are set to wind back output cuts in August, but supported by positive industry data in Europe …

Oil prices steady, awaiting confirmation of surprise U.S. inventory build

Oil prices steady, awaiting confirmation of surprise U.S. inventory build

Reuters


LONDON – Oil futures steadied on Thursday as the market awaited confirmation of industry data that showed a surprise increase in U.S. crude stocks, which offset hopes for a demand recovery as coronavirus lockdowns ease.

After tumbling on Wednesday, …