Oil prices rose over 1 percent on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong U.S. demand, and as...
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West Texas Intermediate extended gains for the second successive session, trading around $73.90 per barrel during the European hours on Friday. Crude oil prices are bolstered by expectations of higher heating fuel demand due to extended cold weather across the northern hemisphere. The U.S. Weather Bureau predicts below-average temperatures in central and eastern regions of the country. Similarly, much of Europe has been gripped by severe cold and is likely to face an unusually chilly start to the year. According to Reuters, analysts at JP Morgan credit the oil price increases to mounting concerns over supply disruptions caused by tighter
Oil prices rose over 1 percent on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong U.S. demand, and as...
Price of the benchmark Brent crude declined by nearly $4 to $67.7 a barrel while U.S. West Texas Intermediate crude turned cheaper by $3.75 at $64.76...
Price of the benchmark Brent crude declined by nearly $4 to $67.7 a barrel while U.S. West Texas Intermediate crude turned cheaper by $3.75 at $64.76...
Oil prices climbed today as investors assessed the stability of a ceasefire between Iran and Israel, but held near multi-week lows on the prospect...
Oil prices climbed today as investors assessed the stability of a ceasefire between Iran and Israel, but held near multi-week lows on the prospect...
West Texas Intermediate futures on NYMEX, exhibit a sluggish performance slightly above the two-week low of $63.73 from Wednesday. The benchmark WTI...
West Texas Intermediate (WTI) climbed above the $75.00 mark on Thursday, hitting its highest level since late January amid geopolitical tensions and...
Disruptive rain is expected to continue in the Western Cape, and cold conditions are forecast for the rest of the country, according to the South...