Oil prices rise nearly 2%, recovers some of last week's 7% decline
Oil prices settled nearly 2% higher on Monday, recouping some of last week's more than 7% decline, with no letup of fighting in the Middle East and expected Israeli retaliation on Iran worrying markets about supply from the region.
Oil and natural gas prices initiated a rebound after the PBoC’s Loan Prime Rate cuts, but the overall trend remains bearish.
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Closing below the 200-week moving average and closing below $68 would unleash powerful selling and project a decline back to ...
Oil prices fell on Tuesday, paring the previous day's nearly 2% rise as the top U.S. diplomat renewed efforts to push for a ...
WTI oil gains ground at the start of the week as traders wait for additional catalysts and stay focused on the situation in ...
Crude oil prices gained more than 1% on Monday after dropping 7% last week as the market focuses on demand concerns.
Oil gained — after losing more than 8% last week — as China moved again to bolster its economy and traders tracked the risk ...
Citi's bull case for oil hinges on conditions deteriorating sharply in the Middle East as tensions keep rising between Israel ...
Crude oil prices rebounded on Friday after pulling back from the 6-week high hit at the beginning of the week. With ...
Oil steadied — after rising almost 2% on Monday — as traders tracked tensions in the Middle East, and broader markets carried ...
Brent crude, the international benchmark, was trading at below $74 a barrel on Tuesday, a drop from the $80 range.
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