Oil prices rose over 1 percent on Thursday as official data showed U.S. crude st...
TOKYO - Oil prices rose over 1 percent on Thursday as official data showed U.S. crude stocks fell more than expected and as OPEC and other producers finally agreed a date for a meeting to discuss output cuts.
U.S. West Texas Intermediate crude futures were up 79 cents, or 1.5%, at $54.55 a barrel. WTI fell 0.26% in the previous session. Members of the Organization of the Petroleum Exporting Countries agreed to meet on July 1, followed by a meeting with non-OPEC allies on July 2, after weeks of wrangling over dates.
“Oil price volatility is likely to persist, but the upcoming OPEC meeting should serve to provide the markets with a reasonable backstop and will offer some much-needed respite for prices,” said Stephen Innes, managing partner at Vanguard Markets in Bangkok.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
A Failure Of OPEC+ Could Turn The U.S. Oil Boom Into Another BustUncertainty in the crude oil markets has resulted in a 17% fall in crude prices over the last month. If the OPEC+ countries fail to extend their export limitation agreement through the end of 2019, the price decline could the U.S. boom into a bust almost overnight.
Consulte Mais informação »
Oil group Total hopes new supercomputer will help it find oil faster and more cheaplyEnergy major Total said its new supercomputer - which has propelled it to a worl...
Consulte Mais informação »
OPEC wrangle over meeting date exposes deepening Saudi-Iran riftOPEC's month-long wrangle over a date for its next meeting has highlighted ...
Consulte Mais informação »
Oil Price Not All That Impressed With Strait Of Hormuz ProblemsThis is a look at the price of oil from the standpoint of chart movement -- how seriously has news of oil tanker explosions affected price?
Consulte Mais informação »
https://www.foodandwine.comFood & Wine goes way beyond mere eating and drinking. We&039;re on a mission to find the most exciting places, new experiences, emerging trends and sensations.
Consulte Mais informação »
https://www.instyle.comInStyle is the leading site for celebrity style. See expert fashion advice, star hairstyles, beauty tips, how-to videos and real-time red carpet coverage.
Consulte Mais informação »