News

Brent crude rose more than $1 a barrel on Friday morning and oil prices were on track for their first weekly gain in three ...
Crude rose more than US$1 a barrel on Friday, posting its first weekly gain in three weeks after a favorable US jobs report ...
The spread between U.S. West Texas Intermediate and Brent crude futures narrowed to its tightest level since September 2023 on Friday as U.S. prices rose on a sliding rig count and Canadian wildfires ...
The West Texas Intermediate for July delivery gained 1.21 U.S. dollars, or 1.91 percent, to settle at 64.58 dollars a barrel on the New York Mercantile Exchange. Brent crude for August delivery ...
Hedge funds boosted their bullish stance on US crude by the most in five months as wildfires endangered Canadian flows and ...
Crude prices broke out of the 4-week period of consolidation to the upside this week and breached a key technical level as ...
Crude futures rise to multiweek highs amid optimism that U.S. engagement this week with China could lead to trade agreements.
SINGORE -Oil prices slipped on Friday but were on track for their first weekly gain in three weeks after U.S. President Donald Trump and Chinese leader Xi Jinping resumed trade talks, raising hopes ...
Oil closed the week above last Friday's lows, buoyed by renewed US–China trade talks despite rising gasoline inventories and ...
HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...
Shipments of ammonium perchlorate are expected to reach Iran in coming months and could fuel hundreds of ballistic missiles, the people said. Some of the material would likely be sent to militias in ...
HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...