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Crude futures rise to multiweek highs amid optimism that U.S. engagement this week with China could lead to trade agreements.
Friday closed up +1.21 (+1.91%), and July RBOB gasoline (RBN25) closed up +0.0139 (+0.67%). Crude oil and gasoline prices on ...
Crude prices broke out of the 4-week period of consolidation to the upside this week and breached a key technical level as ...
Here is a look at what happened in oil markets in the week of June 2-6 and what the focus will be in the days to come.
Even the Reserve Bank governor, Lesetja Kganyago, echoed the bleak picture, calling the GDP data 'not a pretty picture'.
HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...
Brent, the benchmark for two thirds of the world's oil, was up 0.11 per cent at $65.41 a barrel at 2.49pm UAE time. West ...
OPEC+ production gains pressure U.S. crude exports, weakening light sweet oil demand and adding bearish weight to the current ...
Oil prices dipped but were on track for a weekly gain, while OPEC+ members are expected to agree to two large output hikes for August and September at their next meetings. Oil Prices Have Stayed ...
HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...
Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...
Oil prices dipped in early trading but are on track for a weekly gain of more than 3% after President Trump and Chinese leader Xi Jinping agreed to further trade talks. Still, expectations the OPEC+ w ...