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 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:[…]

Oil Prices Rise on Trade Optimism; Production Cuts, U.S. Sanctions Also Supportive; By- Commoditypandit.com:

Oil prices gained on Tuesday in Asia following positive comments on trade by the administration of President Donald Trump and the president himself. The U.S. Crude Oil WTI Futures were trading at $51.66 per barrel at 1:19 AM EST (6:19 AM GMT), up 0.5%. International Brent Oil Futures were also up 0.5%, at $61.84 per barrel. On Read more about Oil Prices Rise on Trade Optimism; Production Cuts, U.S. Sanctions Also Supportive; By- Commoditypandit.com:[…]

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