Tag Archives: U.S. crude oil

Oil Slips 3 Cents, Settling at $67.83, as Trade Dispute Offsets US Stockpile Drop

Oil prices slip after Wednesday’s surge, as the trade dispute between the United States and China deepens. The United States and China slap another $16 billion of tariffs on one another’s goods, raising fears of slower economic growth that could dent oil demand. Crude futures continue to draw support from a bigger-than-anticipated drop in U.S. […]

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Oil Price Commentary: A Positive Week Ahead for Oil Price

Last Week Oil Market Data: Crude Oil Price Movement: Oil prices moved higher last week on support from OPEC production cut extension, decline in U.S. crude oil production and draw-down in U.S. crude oil and gasoline stockpiles. Brent crude and WTI closed the week up by more than 5 percent to around $53.80/bbl and $50.85/bbl […]

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