crude futures – Charm

Oil set for biggest weekly gain in three months as Russia cuts fuel exports

Cs news2 months ago03 mins

(Reuters) -Oil prices edged up on Friday, on track to rise at their steepest rate since early June as Ukraine’s attacks on Russia’s energy infrastructure push Moscow to restrict fuel exports and close to cutting crude output. Brent futures climbed 15 cents, or 0.2%, to $69.57 a barrel by 0100 GMT, while U.S. West Texas…

US crude exports hit four-year low in July on low domestic supplies

Cs news4 months ago08 mins

By Arathy Somasekhar HOUSTON (Reuters) -U.S. crude oil exports eased in July to the lowest levels in nearly four years on low domestic supplies and as Asian and European buyers found cheaper alternatives, undermining U.S. President Donald Trump‘s push for more foreign countries to purchase U.S. energy supplies. The decline in exports from the top…