Archive for Tag: OIL outlook

Oil prices steady ahead of OPEC+ meeting

Brent Oil was trading 0.70% Up at $79.53. Oil prices were largely steady on Tuesday as investors expected major producers to agree to stick to their planned output increase at their meeting later in the day amid diminishing concerns over the spread of the Omicron variant of COVID-19. Brent...

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Oil prices rise on expected U.S. stocks draw

Brent Oil was trading 0.50% down at $75.69. Oil prices extended gains on Thursday, riding higher on growing fuel demand and a bigger-than-expected draw in U.S Crude inventories as production remains hampered in the Gulf of Mexico after two hurricanes. Brent Crude rose 9 cents, or 0.1%, to $76.28...

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