Oil Prices Rise on Trade Deal Hopes; API Reports Surprise Increase in Crude Stocks; By- Commoditypandit.com:

Oil prices rose on Thursday in Asia amid some positive trade news that suggested the U.S. and China would be able to reach a deal by the early March deadline. Citing sources familiar with negotiations, Reuters reported that U.S. and China have begun to outline a deal to end their trade dispute. “The broad outline Read more about Oil Prices Rise on Trade Deal Hopes; API Reports Surprise Increase in Crude Stocks; By- Commoditypandit.com:[…]

Oil Prices Mixed; Brent Retreats from Three-Months High; By Commoditypandit.com:

Oil prices were mixed on Wednesday in Asia, with the international Brent oil futures retreating from a three-month high as traders await more news on the Sino-U.S. trade front. U.S. Crude Oil WTI Futures gained 0.1% to $56.51 by 01:00 AM ET (06:00 GMT). International Brent Oil Futures was down 0.1% to $66.38. It hit Read more about Oil Prices Mixed; Brent Retreats from Three-Months High; By Commoditypandit.com:[…]

Oil Prices Mixed as Investors Await More Trade News; By- Commoditypandit.com:

Oil prices were mixed on Tuesday in Asia as traders await more trade news ahead of a new round of Sino-U.S. discussions later this week. U.S. Crude Oil WTI Futures was up 0.4% at $56.22 by 12:52 AM ET (05:52 GMT). International Brent Oil Futures traded 0.3% lower at $66.28. On Monday, oil prices hit their Read more about Oil Prices Mixed as Investors Await More Trade News; By- Commoditypandit.com:[…]

Oil pushed up by deepening OPEC supply cuts, sanctions on Venezuela; By- Commoditypandit.com:

Oil prices rose on Wednesday as producer club OPEC said it had cut supply deeply in January and as U.S. sanctions hit Venezuela’s oil exports. U.S. West Texas Intermediate (WTI) crude oil futures were at $53.66 per barrel at 0530 GMT, up 56 cents, or 1.1 percent, from their last close. U.S. prices were also Read more about Oil pushed up by deepening OPEC supply cuts, sanctions on Venezuela; By- Commoditypandit.com:[…]

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Gold Prices Are Expected To Trade Higher Today: By- Commoditypandit.com:

On Wednesday, spot gold prices rose 0.33 percent to close at $1293.4 per ounce as support for the metal stemming from uncertainty over Brexit and a partial U.S. government shutdown was countered by a firmer U.S. dollar. ON Wednesday, spot gold prices rose 0.33 percent to close at $1293.4 per ounce as support for the Read more about Gold Prices Are Expected To Trade Higher Today: By- Commoditypandit.com:[…]

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