Oil drops after Hamas releases US hostages | Business
Oil prices settled lower on Friday after the Islamist group Hamas released two U.S. hostages from Gaza, leading to...
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Oil prices settled lower on Friday after the Islamist group Hamas released two U.S. hostages from Gaza, leading to...
Oil Drops Hamas Hostages: U.S. West Texas Intermediate crude futures for November delivery, which expired after settlement on Friday, fell 62 cents, or 0.7%, to USD 88.75 a barrel. The more-active December WTI contract closed 29 cents lower at USD 88.08 a barrel.
Oil prices rose on Thursday amid concerns that the conflict between Israel and Gaza could escalate into a regional conflict. Brent futures settled up
China could ease the global diesel market if it boost its fuel exports, with early data suggesting that it's doing just that.
China could come to the rescue of a tight global diesel market once again, as it did at the end of last year, thanks to expected higher distillate exports at the end of 2023. The West is headed for the winter season of higher heating oil and gasoil ...