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SINGAPORE: Oil prices rose for a second day on Friday, set for their sixth week of gains, after Saudi Arabia and Russia, the world's second and third-largest crude producers, pledged to cut output through next month.
![WTI Oil forms bullish continuation pattern [Video] - Vimarsana News](https://editorial.fxstreet.com/images/Markets/Commodities/Energy/Oil/oil-pumps-25838229_Large.jpg)
WTl oil futures (September delivery) won back Wednesday’s loss to retest the 82.00 resistance area after pivoting at the bottom of a tight bullish cha
W&T Offshore (NYSE:WTI – Get Free Report) released its quarterly earnings results on Tuesday. The oil and gas company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.02), Briefing.com reports. The firm had revenue of $126.20 million for the quarter, compared to analysts’ expectations of $123.60 million. W&T Offshore had […]
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Most of the fall in crude stocks came from a record drop in stockpiles held in the refining hubs of the U.S. Gulf Coast
Brent and WTI settled on Friday at their highest levels since April, gaining for a fifth straight week