Post Tagged with: "Oil up"

Source: Reuters

Oil up nearly $5 as tight supply outweighs recession fears

Reuters


Oil prices rose steeply on July 7 after sharp losses in the previous two sessions, as investors returned their focus to tight supply even as fears of a global recession persisted.

 

Brent Crude futures were up $4.68, or …

Source: Reuters

Oil up for fourth day; supply fears outweigh China lockdowns

CNBC


Oil prices rose for a fourth day on Friday as fears over Russian supply disruption trumped COVID-19 lockdowns in China, the world’s biggest crude importer.

Brent crude futures rose 2% to $109.73 per barrel. The front-month June contract expires …

Source: Reuters

Oil up as OPEC+ meets to decide on production policy

Reuters


LONDON -Oil prices rose on Thursday on optimism about U.S and European economic recoveries and expectations OPEC and its allies will keep production curbs in place.

Brent crude rose $1.02, or 1.6%, to $63.76 a barrel by 1339 GMT. …

April 1, 2021 - 9:30 am Closing Bell Story‎, Crude Oil News, Energy News, OPEC
Source: Reuters

Oil up nearly 5% on possible extension of Saudi output cuts

Reuters


BENGALURU – Oil prices rose nearly 5% on Thursday on a possible extension of voluntary output cuts by Saudi Arabia into April, as OPEC ministers and their allies continued to deliberate about the future of supply cuts.

Brent crude …

Source: Reuters

Oil up on weak dollar though U.S.-China tensions, virus weigh

Reuters


SINGAPORE/LONDON  – Oil prices edged higher on Monday helped by a weak dollar and expected U.S. stimulus measures but gains were capped by rising global coronavirus cases and tensions between the United States and China.

Brent crude LCOc1 rose …

Source: Reuters

Oil up after Trump assurance on China trade deal

Reuters


LONDON  – Oil prices rose on Tuesday in a volatile session after U.S. President Donald Trump soothed jangled nerves over the status of the U.S.-China trade deal.

Markets were unsettled by surprise comments from White House trade adviser Peter …