Oil extends gains above $90/bbl as winter storm sweeps through United States
By Roslan Khasawneh
Source: gazette.com
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Oil extends gains above $90/bbl as winter storm sweeps through United States | Hellenic Shipping News Worldwide
Oil prices climbed on Friday, extending sharp gains in the previous session as frigid weather swept across large swathes of the United States, threatening to further disrupt oil supplies. Brent crude rose 42 cents, or 0.5%, to $91.53 a barrel by 0745 GMT, after rising $1.16 on Thursday. U.S. West Texas Intermediate crude rose 52 ...
Source: hellenicshippingnews.com
Oil rises further above $90, headed for seventh weekly gain as freezing weather strikes
RIYADH: Oil prices headed for their longest streak of weekly gains since October as freezing weather across North America threatened oil supplies in a market already concerned about disruption from a potential war in Ukraine. Brent crude gained 1.4 percent to $92.36 at 1:55 p.m. Riyadh time, following a similar-sized advance on Thursday — the highest since September 2014 and
Source: arabnews.com
U.S. crude oil inventories, oil prices down: API | Hellenic Shipping News Worldwide
The American Petroleum Institute (API) on Tuesday reported a decrease of 872,000 barrels of crude oil in U.S. inventories for the week ending Jan. 21. Analysts expected a decrease of about 400,000 barrels for this week. The API reported a drop of 1.404 million barrels in the previous week. Oil prices posted solid growth on ...
Source: hellenicshippingnews.com
Oil prices rise on supply disruption jitters as geopolitical tensions grow
Brent crude futures rose 48 cents, or 0.6%.
Source: dunyanews.tv