Brent Crude Oil Higher on Supply Cut
Brent crude oil gained on Monday after producer cartel OPEC and some non-affiliated suppliers last Friday agreed to a supply cut from January. Read more!
Brent crude oil gained on Monday after producer cartel OPEC and some non-affiliated suppliers last Friday agreed to a supply cut from January. Read more!
Oil prices slipped on Friday, dragged down by OPEC’s decision to delay a final decision to slash outputs, awaiting support from the non-OPEC but key member Russia. Read more!
Oil prices increased by around 5 percent on Monday after the United States and China agreed to a 90-day ceasefire in their trade war. Read on!
Oil prices inched up on Friday morning in Asia as the major producer Russia reportedly agreed on a need to cut output ahead of an OPEC meeting next week in Vienna. Read more here.
Oil prices on Monday pared back some of their losses from a nearly 8 percent plunge during the previous session. Read more here!
Oilseed traders in China on Monday played down the possible impact on soy consumption of new government guidelines to lower the protein content of animal feed, saying that increasing soymeal and soybean prices would be a far larger curb on appetite. The country has been going after multiple ways to reduce its consumption of feed …
Oil prices slipped on Monday in the midst of cautious sentiment as a slip in financial markets last week and dollar strength in the earlier week highlighted concerns that growth may be slowing down, especially within Asia’s emerging economies Fron-month Brent crude oil futures were trading lower 46 cents, or 0.6 percent, at $77.16 per …
Oil prices slipped on Friday o and were set for a third consecutive week of loss, with Saudi Arabia cautioning of an oversupply in the middle of a slump in global equities trade that blurs the outlook for demand. Brent crude futures were down 47 cents, or 0.6 percent, at $76.42 a barrel. The global …
Oil Prices Drop on Worries over Possible Oversupply Read More »