Post Tagged with: "wti and Brent"

Oil falls as weak Chinese data offsets hope on U.S.-China trade talks

Oil falls as weak Chinese data offsets hope on U.S.-China trade talks

Source: Reuters


NEW YORK (Reuters) – Oil prices eased on Monday after four days of gains as worries about weak Chinese industrial data offset hopes oil demand will rise as talks progress on a Sino-American trade deal.

Brent futures were …

U.S. Oil Prices: Export Ban Lifts, See What Happens

U.S. Oil Prices: Export Ban Lifts, See What Happens

The Brent/WTI spread disappears

Last Friday, Dec. 18, the United States Senate adopted the Omnibus Appropriations Act by a vote of 65-33 as did the House of Representatives by a 316-113 vote. Later that day, President Obama then signed into …