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because there will be demand for crude as well.” Oil has climbed more than 40 percent in New York this year as the Organization of Petroleum Exporting Countries works to trim output and help balance ...
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(MENAFN - Kuwait News Agency (KUNA)) PARIS, April 11 (KUNA) -- Global demand growth for crude oil should not change substantially from earlier forecasts but there are some "mixed signals" from the ...
Supporting the latest move higher has been renewed concerns about supplies from Libya at a time where voluntary and involuntary production cuts from Opec and friends already have a firm grip on the ...
International benchmark Brent futures rose $1.09 to $71.70 a barrel, or 1.5 per cent, by 10.22pm, after hitting a five-month high of $71.73 a barrel. Gasoline stocks, however, fell 7.7 million barrels ...