Crude oil gains as official data show inventory decline in US

[ad_1] Crude oil futures traded higher on Thursday morning as the official data showed decline in crude oil inventories in the US for the week ending May 3. At 9.51 am on Thursday, July Brent oil futures were at $83.92,...

Crude oil up despite decline in US inventory

[ad_1] Crude oil futures traded higher on Thursday morning despite official data indicating decrease in oil inventories in the US. At 9.53 am on Thursday, June Brent oil futures were at $88.14, up by 0.14 per cent, and June crude...

Crude oil futures climb up as China’s manufacturing PMI shows growth in March

[ad_1] Crude oil futures traded higher on Monday morning as China’s manufacturing PMI witnessed growth in March.At 9.53 am on Monday, June Brent oil futures were at $87.28, up by 0.32 per cent, and May crude oil futures on WTI...

Crude oil gains as OPEC signals demand growth in 2024

[ad_1] Crude oil futures traded higher on Wednesday morning as the monthly report by the Organization of the Petroleum Exporting Countries (OPEC) indicated an increase in demand for oil during 2024. At 9.52 am on Wednesday, May Brent oil futures...

Crude oil traders higher ahead of US inflation data release

[ad_1] Crude oil futures traded higher on Tuesday morning as markets awaited the release of US inflation data later in the day. At 9.52 am on Tuesday, May Brent oil futures were at $82.49, up by 0.34 per cent, and...