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 15 min read
Stock Market News

Oil extends losses after easing supply concerns counter Middle East risk premium; Brent at $82/bbl

Also Read: Brent, WTI shed 6% as oil heads for steepest weekly drop in 3 months: What’s cooling down the commodity? Brent crude futures dropped [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…]

Estimated read time 9 min read
Stock Market News

Oil crawls back towards 7-week low-mark after US Fed keeps rates at 23-year high; Brent at $83/bbl

Oil edged back towards the previous day’s seven-week low-mark on Thursday, May 2, paring earlier gains, after US data pointed to persistent labour market strength [Read more about this post…]

Estimated read time 12 min read
Stock Market News

Oil extends losses on easing Middle East tensions, slower US biz activity; Brent steady at $88/bbl

Oil prices were moderately lower on Wednesday, April 24, as worries over conflict in the Middle East eased and business activity in the world’s largest [Read more about this post…]