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.
Crude oil prices gained more than 1% on Monday after dropping 7% last week as the market focused on demand concerns. Last ...
Given the low level of oil inventories, there could be a sustained geopolitical premium in crude price until the conflict is ...
Brent crude futures for December delivery were down 19 cents, or 0.3 Percent , at $74.1 a barrel at 0350 GMT. U.S. West Texas ...
1don MSN
Closing below the 200-week moving average and closing below $68 would unleash powerful selling and project a decline back to ...
Citi's bull case for oil hinges on conditions deteriorating sharply in the Middle East as tensions keep rising between Israel ...
Oil and natural gas prices initiated a rebound after the PBoC’s Loan Prime Rate cuts, but the overall trend remains bearish.
Brent crude futures are in correction mode due to the lack of clarity on China’s economic outlook and its stimulus package.
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