The profit-taking started end of last week as crude oil prices reached 2016 highs as investors pinned their hopes on expectations that declining crude oil inventories would continue, ignoring persistent over-supply in the market.

Topics:  investors   continue   oil prices   crude   
BING NEWS:
  • Oil prices score weekly gain, breaking run of back-to-back weekly losses
    Oil futures advanced on Friday morning, with both U.S. and global benchmark prices headed for weekly gains as investors awaited the release of U.S.
    04/26/2024 - 1:14 am | View Link
  • Oil prices give up losses to settle at a more than 1-week high
    Oil futures shake off early losses Thursday to finish higher, with both U.S. and global benchmark prices settling at their highest in more than a week.
    04/25/2024 - 8:19 am | View Link
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