SINGAPORE â Oil prices hung near $105 a barrel Wednesday in Asia as violent uprisings in the Middle East kept traders nervous about possible crude supply disruptions. Benchmark crude for May delivery was up 4 cents to $105.01 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Topics: â oil benchmark singapore new york mercantile exchange the april in london brent ice north africa in yemen president ali abdullah saleh syria opec u.s navy adm samuel j locklear moammar gadhafi misrata ritterbusch associates china february demand barclays capital chinese the american petroleum institute mcgraw-hill cos the energy department's energy information administration nymex singapore oil middle east in the april in feb u.s u.s unrest crude barrels cents million barrel violent libya rose gallon rebels wednesday year supply late country forces platts coalition contract time protests percent
BING NEWS:
- Oil holds near one-week high on rising demand hopes after China, US data
Oil prices held near a one-week high on Thursday as data from China and the U.S. that signalled demand in the world's two biggest crude-consuming nations could climb offset weak current U.S.
05/9/2024 - 6:54 am | View Link - Oil rises 1% to hit 1-week high on rising demand optimism in China, US; Brent nears $84/bbl
Brent futures last rose 40 cents, or 0.5 per cent, to $83.98 a barrel, while US West Texas Intermediate crude rose 46 cents, or 0.6 per cent, to $79.45. That put both benchmarks on track for their ...
05/9/2024 - 5:58 am | View Link - Oil edges up to one-week high on rising demand hopes after China, U.S. data
Brent crude futures for July rose 64 cents to $84.22 a barrel by 0812 GMT, while U.S. West Texas Intermediate crude for June was up 66 cents to $79.65 ...
05/9/2024 - 4:44 am | View Link - Oil Price Falls As US Inventories Rises By 509,000 Barrels
As a result of market reactions to rising petroleum stocks in the US, the world's largest oil user, oil prices fell on the global commodities market. The Middle East's unpredictability put pressure on ...
05/8/2024 - 10:10 pm | View Link - Oil hits 1-week high on demand hopes after China, US data
Oil prices rose in early trade on Thursday as shrinking U.S. crude inventories signalled tighter supply, and amid rising hopes that the Federal Reserve would cut interest rates by the end of the year.
05/8/2024 - 1:53 pm | View Link - More
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