Tag Archives: West Texas Intermediate

Market watch: Asian stocks advance as yen weakens; oil prices edge higher after Opec+ move – The Times of India

Market watch: Asian stocks advance as yen weakens; oil prices edge higher after Opec+ move – The Times of India

File photo (Picture credit: AP) Asian markets opened the week on a firm note on Monday, with Tokyo leading gains after Japan’s Prime Minister Shigeru Ishiba announced his resignation, sending the yen lower and boosting exporters. At the same time, oil prices edged higher as Opec+ signalled a slower pace of output increases.Tokyo’s Nikkei index surged 1.9 percent, supported by …

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Oil jumps over 2% on tighter market outlook; Brent posts 3% weekly gain; US tariffs, Russia sanctions in focus – Times of India

Oil jumps over 2% on tighter market outlook; Brent posts 3% weekly gain; US tariffs, Russia sanctions in focus – Times of India

Oil prices climbed more than 2% on Friday after the International Energy Agency (IEA) said the global market may be tighter than it seems, supported by strong summer demand. Meanwhile, concerns over new US tariffs and possible fresh sanctions on Russia also added upward pressure.Brent crude rose $1.72, or 2.5%, to settle at $70.36 per barrel, while US West Texas …

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US-China trade negotiations: Oil prices steady as investors eyes trade talks in London; Brent holds above $66 – Times of India

US-China trade negotiations: Oil prices steady as investors eyes trade talks in London; Brent holds above  – Times of India

Oil prices remained steady on Monday following last week’s gains, as markets awaited the outcome of renewed US-China trade negotiations in London. Brent remained above $66 per barrel following a 4% increase last week, with West Texas Intermediate hovering near $65.US and Chinese negotiators are scheduled to meet in London on Monday for the first round of talks under the …

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