Page 5 - Daniel Hynes News Today

Brent crude was up $1.00, or 1.1%, to $91.65 a barrel

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

(Bloomberg) -- Oil rose toward a five-month high after OPEC+ confirmed it would maintain its existing supply cuts through the end of June.Most Read from BloombergKim Jong Un Faces Annihilation in Most Korea War ScenariosApple Explores Home Robotics as Potential ‘Next Big Thing’ After Car FizzlesTSMC Facilities to Resume Production Overnight After QuakeA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterBrent crude e...

Gold prices are poised to achieve new record highs in all major currencies during Londons afternoon benchmark auction on Wednesday. Meanwhile, silver has surged to a two-year peak, despite the release of stronger-than-anticipated US private payroll data.

ASX back near all-time high. ANZ says iron ore prices nearing a floor. McGrath rallies 25pc on buyout bid. Follow for more.

Shares gain; Philip Lowe joins Future Generation board; WAM and QV Equities merge; Adairs chairman exits; Air NZ pauses Chicago route; Iron ore tumbles. Bitcoin tops $US72,000. Follow updates here.

(Corrects to show oil prices fell, not extended declines, in paragraph 1 and headline)By Jeslyn LerhSINGAPORE : Oil prices on Thursday fell after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow demand, while signs that U.S. interest rates could remain elevated added

U.S. crude stockpiles build for fifth straight week Elevated interest rates also weigh on prices Market eyes potential OPEC+ output cut extension By Yuka Obayashi and Jeslyn Lerh SINGAPORE, Feb 29 (Reuters) - Oil prices on Thursday extended declines from the previous session after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow…

SINGAPORE: Oil prices fell on Thursday after a larger-than-expected build in US crude stockpiles stoked worries...

Oil prices fell on Thursday after a larger-than-expected build in US crude stockpiles stoked worries about slow demand, while signs that US interest rates could remain elevated added to pressure. Brent crude futures for April fell 43 cents, or 0.5%, to $83.25 a barrel by 0830 GMT, after rising 3 cents in the previous session. The April contract expires on Thursday and the more active May contract was down 33 cents at $81.82. US West Texas Intermediate crude futures were down 26 cents, or 0.3%, t...