Archive for Tag: crude oil news

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 Price

Oil up as OPEC+ considers rollover rather than raising output

Brent was trading 1.17 up at $63.86. Oil prices rose on Wednesday, boosted by expectations that OPEC+ producers might decide against increasing output when they meet this week, while signs of progress in the coronavirus vaccine rollout in the United States gave further support. Brent Oil was up $1.28,...

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