Archive for Tag: crude futures

oil

Brent crude hits $70 as China energy demand outlook brightens

Brent Crude was trading 1.14% down at $68.41. Oil prices rose on Monday, with Brent reaching $70 a barrel, as data showed China’s economic recovery accelerated at the start of 2021, boosting the energy demand outlook at the world’s largest oil importer. Brent Crude futures for May were steady...

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Oil Up, Investors Turn Focus to OPEC+ Output Decision

Brent was trading 0.16 up at $64.19. Oil was up Thursday morning in Asia, rising for a second consecutive session over the prospect of the Organization of the Petroleum Exporting Countries and allies (OPEC) deciding against increasing output at its meeting later in the day. A larger-than-expected build in...

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