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Oil prices hold steady with U.S.-China trade talks in focus
Speculators bought 42,496 lots in NYMEX WTI over the last reporting week, leaving them with a net long of 163,078 lots as of last Tuesday, while buying in ICE (NYSE: ICE) Brent was more modest, with speculators purchasing 8,813 lots, leaving them with a net long of 167,763 lots.
Oil prices had jumped more than 4% on Wednesday as fears of a conflict that would disrupt crude supplies suddenly swept the ...
Crude oil futures edge higher as traders focus on the 200-day MA; OPEC output plans and U.S.-China trade talks steer ...
LI/iStock via Getty Images Oil prices held steady on Wednesday after an earlier dip, as investors assessed the supply-demand ...
All of this means the oil market is heading into a complicated second half of the year. On the surface, prices may continue to hold steady thanks to summer demand and geopolitical optimism.
Oil prices were stable on Monday as investors awaited U.S.-China trade talks in London in the hope that a deal could boost the global economic outlook and subsequently fuel demand. Brent crude ...
Concerns over slowing U.S. demand were exacerbated by softer-than-expected private payrolls data, which showed the labor ...
“Florida gas prices remain in the same 30-cent range that Florida gas prices have fluctuated within since September,” AAA ...
LONDON: Oil prices held steady on Wednesday as concern around the OPEC+ groups next output increase were offset by Canadian ...
LONDON - Oil prices held steady on Wednesday amid global trade tensions and as ongoing OPEC+ output increases were offset by ...
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