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OIL PRICE RISE
Oil

Oil prices rise as weaker dollar offsets China COVID-19 concerns

Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world’s second-largest oil consumer. Brent crude for January delivery rose 73 cents, or 0.8%, to $93.54 a barrel at 0406 GMT. The December […]

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Commodities

Oil prices inch higher, one-month supply cut extension falls short of market hopes

By Administrator_India Capital Sands Oil crept higher on Monday, but gave up big early gains as optimism over major crude producers’ deal to extend record output cuts gave way to disappointment that the accord didn’t extend beyond the end of July. Brent crude LCOc1 had climbed as high as $43.41 a barrel but by 0239 […]

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Oil prices rise as weaker dollar offsets China COVID-19 concerns
OIL PRICE RISE

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