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Crude Oil - Oil edges up but still set for big weekly loss on demand worries
Brent was down 6.2% on the week while U.S. crude was 5.6%, lower. Investors are awaiting U.S. non-farm payrolls data due out on Friday. Oil prices rose on Friday but were still on track for a second ...
Saudi Arabia increases Asia selling price of its Arab light crude in November
Saudi Arabia has set its November Arab light crude oil official selling price to Asia at plus $3 versus Oman/Dubai average, up 70 cents a barrel from October, according to a statement by state oil ...
IMO 2020: Diesel – Crude Spread Blows Out To Widest Level This Year
The widening difference between the price of diesel fuel and the price of Brent crude oil suggests that energy markets are worried about the impact of upcoming maritime fuel regulations. There’s a ...
Crude Oil Recovers, WTI Futures Linger Just Under $53 Per Barrel
Crude oil futures edged up on bargain buying today amid a mixed movement in global equities. WTI Crude oil futures extended recent spree of losses and fell to a two month low yesterday as equities.
Oil rises but remains on track for weekly loss
Brent crude oil futures rose 28c, or 0.5%, to $57.99 a barrel by 4.50am GMT, while US West Texas Intermediate (WTI) crude futures rose 29c, or 0.6%, to $52.74. “Asia will probably see some buying ...