By Yuka Obayashi TOKYO (Reuters) – Oil prices rose on Thursday ahead of an OPEC+ meeting later in the day, with investors waiting to see what the producer group would do next on supply cuts while also monitoring tension in the Middle East. Brent crude futures climbed 12 cents, or 0.2%, to $72.43 a barrel…
By Colleen Howe BEIJING (Reuters) – Oil prices were little changed in early trading on Tuesday, awaiting further price direction from OPEC’s monthly report after China’s stimulus plan and oversupply concerns took the wind out of markets in prior sessions. Brent crude futures fell 1 cent to $71.82 a barrel, by 0158 GMT. U.S. West…
By Yuka Obayashi TOKYO (Reuters) – Oil prices rose on Thursday, extending the previous day’s rally, driven by optimism over U.S. fuel demand following an unexpected drop in crude and gasoline inventories, while reports that OPEC+ may delay a planned output increase offered support. Brent crude futures gained 35 cents, or 0.5%, to $72.90 a…
NEW YORK -Oil prices settled higher for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle East ceasefire and focused on signs of improving demand from China, which could tighten market balances in the months ahead. Brent crude futures for December gained $1.75, or 2.4%, to settle at $76.04 per barrel….
By Ahmad Ghaddar Oil prices climb as Middle East conflict counters ample supply outlook LONDON, – Oil prices rose further on Friday and were on track for strong weekly gains as investors weighed the prospect of a wider Middle East conflict disrupting crude flows against a well-supplied global market. Brent crude futures were up 55…
(Reuters) – Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle East conflict and the potential disruption in crude flows against an amply-supplied global market. Brent crude futures were up 9 cents, or 0.12%, to $77.71 a barrel as of 0010…