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Oil Archives - The 3 Monkey
Oil rises on expectations of US crude stocks falling

Oil rises on expectations of US crude stocks falling

By Administrator_India Capital Sands Oil rose on Tuesday, recovering from the previous day’s drop, as expectations of further declines in U.S. crude inventories outweighed fears that spreading COVID-19 variants could derail a global economic recovery. Brent crude for September climbed 25 cents, or 0.3per cent, to US$75.41 a barrel by 0036 GMT, after losing 0.5per […]

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Oil Mixed, OPEC+ Decision Shockwaves Continue

Oil Mixed, OPEC+ Decision Shockwaves Continue

By Administrator_India Capital Sands Oil was mixed Friday morning in Asia, with investors digesting the Organization of Petroleum Exporting Countries and its allies (OPEC+) ‘s decision to keep supply curbs steady. Brent oil futures inched down 0.19% to $66.84 by 8:52 PM ET (1:52 AM GMT), after hurtling past the $67 mark earlier in the session. WTI […]

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Oil Up as Investors Await Thursday’s OPEC+ Production Decision

Oil Up as Investors Await Thursday’s OPEC+ Production Decision

By Administrator_India Capital Sands Oil was up Wednesday morning in Asia, over wide expectations that the Organization of the Petroleum Exporting Countries and allies (OPEC+) will decide to increase production later in the week. Brent oil futures gained 0.74% to $62.88 by 9:21 PM ET (2:21 AM GMT). WTI futures edged up 0.15% to $59.84, reversing some earlier losses but […]

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