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Brent Oil - Oil rises as U.S. oil stockpiles drop, new Chinese COVID-19 cases decline

27-01-2021 02:02

Oil prices climbed on Wednesday after industry data showed U.S. crude stockpiles fell unexpectedly last week and China, the world's second-biggest oil user, reported its lowest daily rise in COVID-19 ...

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Oil prices advance as US stockpiles decline

Brent crude futures climbed 19 cents, or 0.3%, to $56.10 a barrel while US West Texas Intermediate (WTI) crude futures rose 20 cents, or 0.4%, to $52.81 a barrel.

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Petrol prices, Diesel prices, crude oil, Saudi Arabia, Brent, WTI

Prices of petrol and diesel touched new highs after the oil marketing companies again raised the rates on Wednesday. In the national capital ...

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Oil prices rise, Brent crosses $56

Oil prices edged up on Wednesday after industry data showed a decline in US crude stockpiles and as China reported its lowest daily rise in COVI ...

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Brent oil may rise towards $56.73-$57.42 range

On the daily chart, oil failed twice to break a support at $54.50, the 261.8% projection level on the uptrend from $39.34. The failures suggest the formation of a double-bottom.

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