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Oil Holds Above $73 as Shrinking U.S. Stockpiles Tighten Market

Oil Holds Above $73 as Shrinking U.S. Stockpiles Tighten Market

by Administrator_India | Jun 24, 2021 | Commodity

By Administrator_ India Capital Sands Oil held above $73 a barrel as shrinking U.S. crude and fuel stockpiles added to bullish sentiment around the global demand recovery. Futures in New York were steady after rising 0.3% on Wednesday. Gasoline inventories...
Oil settles higher on stronger demand outlook as U.S inventories fall

Oil settles higher on stronger demand outlook as U.S inventories fall

by Administrator_India | May 27, 2021 | Commodity

By Administrator_ India Capital Sands Oil prices settled higher on Wednesday as a drop in U.S. crude stockpiles reinforced expectations of improving demand ahead of the peak summer driving season, offsetting worries that a possible return of Iranian supply would cause...
Oil prices extend gains as demand outlook offsets India concerns

Oil prices extend gains as demand outlook offsets India concerns

by Administrator_India | Apr 29, 2021 | Commodity

By Administrator_ India Capital Sands Oil prices extended gains on Thursday after rising 1% the previous session, as bullish forecasts on recovering demand this summer offset concerns of rising COVID-19 cases in India, Japan, and Brazil. Brent crude for June edged up...

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