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Oil Prices Remain Rangebound as Demand Concerns Mount

Oil prices are under pressure as persistent inflation threatens demand while ample supply lowers the likelihood of a major price spike any time soon.

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Gold tallies fifth straight weekly rise with Middle East risks rising (NYSEARCA:GLD)

Gold tallies fifth straight weekly rise with Middle East risks rising (NYSEARCA:GLD)
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Oil settles up on Middle East tensions, posts weekly loss

Brent crude futures settled up 71 cents at $90.45 a barrel, while U.S. West Texas Intermediate crude futures rose 64 cents to $85.66.

United statesAndrew lipowTim snyderUs commodity futures trading commissionInternational energy agencyLipow oil associatesSaxo bank ole hansenBaker hughesMiddle eastTexas intermediateSuez canalSaxo bankFutures trading commission

Oil settles up on Middle East tensions, posts weekly loss

Oil settles up on Middle East tensions, posts weekly loss
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Oil rebounds on Middle East tensions but set for weekly loss

Brent crude futures were up $1.10 to $90.84 a barrel by 1200 GMT, while U.S. West Texas Intermediate crude futures rose $1.15 to $86.17

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