Estimated read time 15 min read
Stock Market News

Oil trades higher after US crude inventories register sharp fall, dollar caps gains; Brent at $83/bbl

Oil prices rebounded and traded higher on Wednesday, May 9, after the US oil storage data showed a larger-than-expected draw in crude stockpiles as refiners [Read more about this post…]

Estimated read time 16 min read
Stock Market News

Brent, WTI shed 6% as oil heads for steepest weekly drop in 3 months: What’s cooling down the commodity?

Brent crude futures for July were last down 29 cents, or 0.35 per cent, to $83.38 a barrel. US West Texas Intermediate crude for June [Read more about this post…]