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Oil prices

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US oil target of $67.98 aborted

US oil target of $67.98 aborted

SINGAPORE: A bullish target of $67.98 per barrel has been temporarily aborted for US oil. It will only be resumed...
Published 06 May, 2021 02:40pm
Business
Oil climbs to fresh 6-week high

Oil climbs to fresh 6-week high

NEW YORK: Oil prices rose to fresh six-week highs on Thursday as strong US economic data, a weak dollar and an...
Published 30 Apr, 2021 11:39am
Business
Oil prices rise on weaker dollar, likely drawdown in U.S. stocks

Oil prices rise on weaker dollar, likely drawdown in U.S. stocks

SINGAPORE (Reuters) - Oil prices rose on Tuesday as a weaker U.S. dollar supported commodities and on expectations that crude inventories fell in the United States, the world’s biggest oil user, though rising coronavirus cases in Asia capped gains.
Published 20 Apr, 2021 09:21am
Business
Oil holds near one-month highs as demand forecasts raised

Oil holds near one-month highs as demand forecasts raised

TOKYO (Reuters) - Oil prices were lower on Thursday though holding near one-month highs after futures jumped in the previous as the International Energy Agency (IEA) and others upgraded forecasts for oil demand as major economies recover from the pandemic.
Published 15 Apr, 2021 08:13am