Oil Prices Jump as OPEC Signals Continued Production Cuts Oil costs bounced on Monday in Asia after OPEC+ individuals demonstrated aims to keep up generation cuts for the remainder of the year. U.S. Crude Oil WTI Futures rose 1.3% to $63.75 by 12:20 AM ET (04:20 GMT). Universal Brent Oil Futures increased 1.4% to $73.20. Read more about CRUDE OIL LIVE NEWS UPDATED BY ROYAL TRADERS[…]
Oil Continues to Rise on Middle East Tension Oil costs ascended on Friday in Asia and expanded additions into a fourth straight day in the midst of escalating Middle East pressures. U.S. Crude Oil WTI Futures rose 0.3% to $63.06 by 1:15 AM ET (05:15 GMT). Universal Brent Oil Futures additionally increased 0.3% to $72.81. Read more about CRUDE OIL LIVE NEWS UPDATED BY ROYAL TRADERS[…]
Oil Prices Rise Amid Tensions in Middle East Oil costs expanded gains on Thursday in Asia in the midst of strains in the Middle East connected to stealth assaults on Saudi oil tankers and pipelines. U.S. Crude Oil WTI Futures rose 0.7% to $62.45 by 12:20 AM ET (04:20 GMT). Worldwide Brent Oil Futures increased Read more about CRUDE OIL LIVE NEWS UPDATED BY ROYAL TRADERS[…]
Oil Drops as Report of Swelling U.S. Stores Aids Bear View Oil fell as an industry report flagging a bounce in U.S. stores facilitated prompt worries over a supply crunch, while an automaton assault in Saudi Arabia featured the helplessness of the nation’s vitality foundation. Fates in New York pared lost as much as 1.1% Read more about CRUDE OIL LIVE NEWS UPDATED BY ROYAL TRADERS[…]
Oil Prices Rise as Reported Oil Tanker Attack Outweigh Sino-U.S. Exchange Tensions In spite of escalating exchange debates among China and the U.S., oil picked up on Tuesday morning in Asia in the midst of news that two Saudi Arabia oil tankers were purportedly assaulted. U.S. Unrefined petroleum WTI Futures for June rose 0.31% to Read more about CRUDE OIL LIVE NEWS UPDATED BY ROYAL TRADERS[…]
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Oil pares gains as U.S. raises exchange war with China Oil costs pared before increases on Friday following U.S. President Donald Trump’s duty increment on $200 billion worth of Chinese merchandise produced results, raising the exchange question between the world’s two greatest economies and oil purchasers. Costs had risen more than 1 percent prior in Read more about CRUDE OIL LIVE NEWS UPDATED BY ROYAL TRADERS[…]
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Oil costs fall as exchange push fears overshadow U.S. stock decrease Oil costs dropped on Thursday in the midst of worries over the heightening exchange fight between the United States and China, in spite of an unexpected fall in U.S. rough stores. Brent Crude Oil prospects were at $69.91 a barrel by 0600 GMT, down Read more about CRUDE OIL LIVE NEWS UPDATED BY ROYAL TRADERS[…]
Oil Prices Rebound Despite Sino-U.S. Exchange Tension Oil costs bounced back on Wednesday in Asia as brokers gauged U.S. sanctions against Iran and news on the Sino-U.S. exchange front. U.S. Crude Oil WTI Futures were up 0.8% to $61.88 by 1:19 AM ET (05:19 GMT). Worldwide Brent Oil Futures increased 0.6% to $70.26. Dealers are Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]
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Live News Update Oil tumbles after Trump compromises new taxes on Chinese products Oil costs tumbled on Monday after U.S. President Donald Trump on Sunday said he would forcefully climb taxes on Chinese products this week, taking a chance with the wrecking of exchange talks between the world’s two greatest economies. U.S. West Texas Intermediate Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]
Live News Update Oil set for week after week decrease in the midst of flooding U.S. yield, expected OPEC increment Oil costs on Friday were set to fall for the week as flooding U.S. yield and a normal supply increment from the Organization of the Petroleum Exporting Countries (OPEC) burdened markets. Brent Crude Oil fates Read more about CRUDE OIL LIVE NEWS UPDATED BY ROYAL TRADERS[…]
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Live News Update Oil Prices Fall on Soaring U.S. Crude Stockpiles Oil prices fell on Thursday in Asia after a weekly U.S. Energy Information Administration (EIA) report showed U.S. crude stockpiles rose much more than expected. Crude Oil WTI Futures were down 0.2% to $63.45 by 12:30 AM ET (04:30 GMT), while international benchmark Brent also fell 0.2% Read more about CRUDE OIL LIVE NEWS UPDATED BY ROYAL TRADERS[…]
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Live News Update Boxed in: $1 billion of Iranian crude sits at China’s Dalian port Some 20 million barrels of Iranian oil sitting on China’s shores in the northeast port of Dalian for the past six months now appears stranded as the United States hardens its stance on importing crude from Tehran. Iran sent the Read more about CRUDE OIL LIVE NEWS UPDATED BY ROYAL TRADERS[…]
Live News Update Iran to keep exporting crude oil despite U.S. pressure: Iran president Iran will continue to export oil despite U.S. pressure aimed at reducing the nation’s crude oil shipments to zero, Iran President Hassan Rouhani said in a speech broadcast live on Iranian state TV on Tuesday. “America’s decision that Iran’s oil exports must reach Read more about CRUDE OIL LIVE NEWS UPDATED BY ROYAL TRADERS[…]
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Live News Update Oil set to extend long run of weekly gains in tense global market Oil prices dipped on Friday on expectations that producer club OPEC will soon raise output to make up for a decline in exports from Iran following a hardening of sanctions on Tehran by the United States. Still, prices are Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]