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Oil prices inched higher on Thursday, extending gains from the previous day as a larger-than-expected draw in U.S. crude stocks signalled firm demand, while investors remained cautious about the ...
Brent crude is up 0.6% at $84.13 a barrel, while WTI rises 0.7% to $79.56 a barrel. Still, analysts say a broader weakness in the market is increasing the likelihood that OPEC+ will roll over cuts ...
An oil sketch that has long been dismissed as a “crude imitation” of Rembrandt’s work has now been revealed to be the real deal. The collector and curator Abraham Bredius acquired the ...
Oil prices edged higher on reports of a larger-than-expected draw in U.S. crude inventories, but remained broadly under pressure on prospects of higher-for-longer rates due to sticky inflation.
Brent crude futures were up 92 cents, or 1.2%, at $77.25 a barrel at 1442 GMT, while U.S. West Texas Intermediate crude futures gained $1.15, or 1.6%, to $72.93.
Crude oil prices remained largely unchanged today, after the U.S. Energy Information Administration reported an inventory draw of a modest half a million barrels for the week to October 25.
Oil prices gained about 1% on Wednesday after a larger-than-expected decline in U.S. crude stocks, but gains were capped by concerns about rising global inventories in thin trading ahead of the U ...