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:[…]

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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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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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