Crude oil futures rally, building on last week’s 200-day moving average breakout, with the key target at $77.36.
Oil advanced, with traders weighing short-term supply risks against further signs of Chinese economic weakness.Most Read from ...
Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the ...
Macquarie strategists outlined that they 'see potential for a meaningful U.S. crude build' in the EIA's next weekly petroleum ...
A colder-than-expected winter has driven increased demand for heating oil, kerosene, and LPG. Despite a stronger U.S. dollar, ...
Brent crude futures gained USD 1.57, or 2.04per cent, to USD 78.49 a barrel by 0945 GMT. U.S. West Texas Intermediate crude ...
Colder weather than expected is driving up global oil demand for heating purposes, leading to a rise in oil prices for the third consecutive week.
The document, purported to be from the U.S. Treasury, was being circulated among traders in Europe and Asia. Reuters could ...
Oil prices soared on Friday, with Brent crude reaching its highest levels in over three months, driven by cold weather, ...