Page 138 - Texas Intermediate News Today

SINGAPORE: Oil prices rose on Monday, adding to recent gains amid expectations of tighter supply from OPEC+ cuts, attacks on Russian refineries and as upbeat Chinese manufacturing data supported outlooks for improving demand.

Asian shares are mixed and Shanghai gains on strong China factory data

Asian markets were mixed Monday after data showed a slight uptick in US inflation but Federal Reserve boss Jerome Powell said the reading was "in line with expectations".Powell said the report "is pretty much in line with our expectations" and decision-makers were on track to hit their long-term inflation target of two percent.

Brent crude was 35 cents lower at $86.65 a barrel by 1230 GMT, while U.S. West Texas Intermediate crude fell 30 cents to $82.87

West Texas Intermediate (WTI) oil price is on an upward trajectory for the third successive session, with the commodity trading around $83.10 per barrel during Asian trading hours on Monday.

Currency hovers at 277-278 level in inter-bank market

Getty Images - STOCK(NEW YORK) -- Gas prices have surged higher at the outset of 2024, stressing household budgets and complicating efforts to cool inflation.Since the beginning of the year, the average national price for a gallon of unleaded regular gas has jumped nearly 14%, amounting to an increase of more than 40 cents per gallon, according to AAA data shared with ABC News.In some states, prices have climbed dramatically over the past month. In Utah, the average price of a gallon of gas has ...

Doha, Qatar: Oil prices jumped more than $1 a barrel on Thursday, closing out the month higher on the prospect of OPEC+ staying the course on producti...

Note: The data below represent futures-only positions for the week ended March 26, as reported by the U.S. Commodity Futures Trading Commissions Commitments of Traders report. West Texas...

Oil prices rose on Monday, adding to recent gains amid expectations of tighter supply from OPEC+ cuts, attacks on...