Global, Oıl, Energy Markets, Crude Oil, International Trade, Energy (Legacy), Derivatives, Market Reports, Refined Products, Equities Markets, Middle East, Commodities News (3Rd Party), United Kingdom, Reports

Global, Oıl

Oil gains on signs of thaw in U.S.-China trade war, inventory fall

Oil gains on signs of thaw in U.S.-China trade war, inventory fall


Oil gains on signs of thaw in U.S.-China trade war, inventory fall

Oil prices rose on Thursday, recouping some of the heavy losses in the previous ...

FILE PHOTO: Oil pump jacks work at sunset near Midland, Texas, U.S., August 21, 2019. REUTERS/Jessica Lutz

The concessions preceded a planned meeting in coming days aimed at defusing the trade row between the world’s two largest economies.

The ECB meets later on Thursday and is expected to ease policy to support flagging growth.

“Historical inventory patterns suggest that stocks should begin to hit seasonal bottom sometime in the next two-three weeks,” said Stephen Innes, Asia Pacific market strategist at AxiTrader.

Crude stocks at the Cushing, Oklahoma, delivery hub USOICC=ECI fell 798,000 barrels to 39.3 million barrels, their lowest since November 2018.

Read more: Reuters Top News

👁️ 🤔🤔 🙂👥🙂

Oil rises as U.S., China swap concessions in trade war, inventories fallOil prices jumped on Thursday, bouncing back from heavy losses in the previous s... 👍

Oil gains after draw in U.S. inventoriesOil prices rose on Wednesday after a reported sharp drop in U.S. crude stocks as...

Trump’s Cheese, Wine, Olive-Oil Tariffs May Be His Most Normal Trade PolicyPresident Trump's strategy of threatening tariffs on wine and cheese may be his most normal trade policy. jbarro writes jbarro jbarro There is nothing normal about the incompetent oaf in the WhiteHouse, or any of his “policies.” jbarro Why not?

Oil legend T. Boone Pickens has died at the age of 91Oil executive T. Boone Pickens has passed away at the age of 91. The news was announced on his verified Twitter account by members of the T. Boone Pickens Foundation. 🦀HE DEAD🦀 I like T. Boone. Sad to hear. Nice guy.

T. Boone Pickens, the 'Oracle of Oil,' Republican donor, and billionaire philanthropist, dies at 91The businessman profited from several buyout efforts as his Mesa Petroleum business looked to expand its footprint through the 1980s.

Oil Billionaire T. Boone Pickens Dead at 91The oil billionaire has pledged to leave 90% of his net worth to charity ... aw well! Liberals all over the country! Another white crook

Write Comment

Thank you for your comment.
Please try again later.

Latest News


12 September 2019, Thursday News

Previous news

Foxconn's Gou quits Taiwan's KMT, paving way for presidential bid

Next news

British American Tobacco to cut 2,300 jobs by Jan 2020
Previous news Next news