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 falls on economic slowdown, but OPEC output cuts offer some support; By- Commoditypandit.com:

Oil markets fell on Friday, pulled down by an economic slowdown, although supply cuts led by producer club OPEC and U.S. sanctions against Venezuela provided crude with some support. U.S. West Texas Intermediate (WTI) crude futures stood at $52.20 per barrel by 0351 GMT, down 44 cents, or 0.8 percent, from their last settlement. WTI Read more about Oil falls on economic slowdown, but OPEC output cuts offer some support; By- Commoditypandit.com:[…]

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