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Oil Updates — prices climb as investors shift focus to demand signals
LONDON: Oil prices edged higher on Thursday as investors remained cautious about the Iran-Israel ceasefire and shifted their attention to market fundamentals after a stock draw in the United States. Brent crude futures were up 52 cents, or 0.8 percent, to $68.20 a barrel at 3:10 p.m. Saudi time. US West Texas Intermediate crude was up 67 cents, or 1 percent, to $65.59 a barrel. Both benchmarks climbed nearly 1 percent on Wednesday, recovering from losses earlier in the week after data showed resilient US demand.
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arabnews.com
Oil Updates — crude extends losses on lower Middle East supply risk
LONDON: Oil prices extended losses on Tuesday to hit a two-week low on what the market viewed as lower risk of supply disruptions in the Middle East, though US President Donald…
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scmp.com
Oil rises after 2-day slump as traders assess Iran-Israel ceasefire
Brent crude rose about 1 per cent to near US$68 a barrel, after slumping 13 per cent over the past two days, while West Texas Intermediate was above US$65.
