சிங்கப்பூர் அடிப்படையிலானது பிலிப் எதிர்காலங்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Oil trades at 32-month high on improved demand outlook

Oil trades at 32-month high on improved demand outlook
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Palm oil buying interest slows as trade awaits Indonesia export levy decision: sources

Palm oil buying interest slows as trade awaits Indonesia export levy decision: sources
spglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spglobal.com Daily Mail and Mail on Sunday newspapers.

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Brent edges towards $60 mark on tightening global supply

Saudi Arabia’s pledge of extra supply cuts in February and March is supporting oil prices

Saudi arabiaUnited statesEhsan khomanAvtar sanduJoe bidenIpek ozkardeskayaSwissquote bankDevelopment regionOrganisation for economicOrganisation of the petroleum exporting countriesWest texas intermediateSingapore based phillip futuresPetroleum exporting countriesEconomic cooperationFareed rahmanUs news

Brent breaches $60 on tightening global supply

Saudi Arabia’s pledge of extra supply cuts in February and March is supporting oil prices

Saudi arabiaUnited statesJanet yellenEhsan khomanJulius baerAvtar sanduJoe bidenIpek ozkardeskayaSwissquote bankDevelopment regionOrganisation for economicOrganisation of the petroleum exporting countriesWest texas intermediateSingapore based phillip futuresPetroleum exporting countriesPresident joe biden

Oil edges higher as US considers expanding stimulus payments

SHARE Oil prices edged higher on Tuesday as US politicians discussed expanding pandemic aid payments to citizens and the Brexit trade agreement received European Union approval. A weaker dollar, as well as vaccination rollouts by many countries, is also supporting oil prices. Brent, the global benchmark for two-thirds of the world s oil, rose 0.55 per cent to $51.14 per barrel at 10.26am UAE time, whereas US crude gauge West Texas Intermediate rose 0.61 per cent to $47.91 per barrel. “Oil is finishing the year on a sombre note as the short-term demand risk of more travel restrictions clashes with optimism over a vaccine rollout and a Brexit deal, which is already underway and will eventually boost energy demand,” Avtar Sandu, senior manager of commodities at Singapore-based Phillip Futures, said in a note.

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