Oil prices climb to 2-week high on supply worries, US tariffs check gains
Oil prices edged up to a two-week high on Tuesday as sanctions raised concerns about Russian and Iranian oil supplies and on rising Middle East tensions, outweighing worries that trade tariffs would boost inflation and dampen global economic growth.
As a result, the price of oil has a strong influence on international ... For the purposes of trading on futures exchanges in London or New York, however, reference oils are used.
Crude oil prices rise as key support levels hold. Traders eye $72.11 resistance—will bullish momentum drive a breakout? Read the latest oil outlook.
1,000 barrels of oil are generally included in a futures contract, with each barrel containing 55 gallons of oil. Most price speculators don’t have space to store 55,000 gallons of oil and ...
Oil found some support Thursday from an increase in Saudi Arabia’s crude prices for Asian buyers, which implied strength in ...
Oil futures edged higher in early Asian trade. Brent crude oil was consolidating around the $77/bbl level amid continued uncertainty over whether OPEC will align its policies with Trump’s desire for ...
Oil futures finished Monday with a gain after President ... even as Trump last month called on the group to lower oil prices. Price moves -- West Texas Intermediate crude CL00 for March ...
Oil futures ended lower Friday, contributing to a loss for the week, though prices held on to a gain for the month as traders awaited a tariff decision by President Donald Trump on crude imports ...
The selloff offered an early glimpse of how Wall Street will respond to trade wars.
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