Crude oil futures were stable during mid-morning trade in Asia Monday, as market participants mulled over the impact of the increased trade tensions between the US and China while ongoing Continue Reading
Oil prices were flat in early trading on Friday, sandwiched between supply outages and the escalating U.S.-China trade war. (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to Continue Reading
Oil prices were mostly steady on Friday, ending the week slightly lower as trade tensions stoked by a U.S. move to hike tariffs on Chinese goods overshadowed tightened global supplies Continue Reading
Oil prices picked up later in afternoon trading on Thursday after US President Donald Trump suggested that the United States may not raise tariffs on Chinese goods after all, according Continue Reading
Oil prices rose on Friday despite the start of U.S. President Donald Trump’s tariff hike on $200 billion of Chinese goods, stoking the trade dispute between the world’s two biggest Continue Reading
Crude oil production in OPEC inched up by a modest 30,000 bpd to 30.26 million bpd last month, a survey by S&P Global Platts suggested, after four months of steady Continue Reading
Uncertainties about future global crude supply are likely to test a forecast for Brent crude prices to trade between $70/b to $75/b over the next few months, Goldman Sachs said Continue Reading
Oil prices fell on Thursday as an escalating trade battle between the United States and China outweighed upward pressure from a surprise decline in U.S. inventories of crude. Brent crude Continue Reading
Crude oil futures were higher during mid-morning trade in Asia Wednesday, finding support from the US Energy Information Administration’s report which said replacement for Iranian barrels following US sanctions may Continue Reading
The American Petroleum Institute (API) reported a build in crude oil inventory of 2.81 million barrels for the week ending May 3, coming in over analyst expectations of a 744,000-barrel Continue Reading
