Oil prices ease in holiday trade, market focus on next OPEC+ move
Brent crude futures snapped a three-day rally on Friday in light holiday trading.
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Brent crude futures snapped a three-day rally on Friday in light holiday trading.
Brent crude futures snapped a three-day rally on Friday in light holiday trading but the benchmark was still headed for a weekly gain…
RIYADH: Brent crude declined on Friday for the first time in four days but remained on track for a weekly advance in thin trading before the Christmas holiday. Futures on the international oil benchmark declined 0.8 percent to $76.26 as of 2:10 p.m. Riyadh time, but were still about 4 percent higher in the week. US markets were closed on Friday for the holidays after WTI rose
Oil prices dropped on Monday as China’s release of gasoline and diesel reserves eased concerns over tight global supply, while investors cashed in ahead of a Nov. 4 meeting of major crude producers that could increase future production targets. Brent crude futures dropped 46 cents, or 0.6%, to $83.26 a barrel by 0746 GMT, after ...
The black liquid declined in the Asian session as China, one of the largest oil consumers in the world, released its gasoline and diesel reserves, which eased concerns over tight global supply. Brent crude futures, the global benchmark for oil is down 0.41%, currently trading at $83.38 a barrel. This comes after gaining 6 cents […]