Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.
Oil Gains Once Again
Description
Oil prices leveled off at around $77 a barrel on Friday, reaching a 2-month high. After inventory draws and output disruptions, oil will see its 3rd straight week of gains. However, oil prices didn’t rally as much as expected after China hosted the first public sale of its crude reserves. OPEC nations that cannot increase output due to maintenance concerns and underinvestment during the COVID-19 pandemic contribute to price gains. Brent crude was down 3 cents, and U.S. oil prices were down 15 cents in early trading.
More from User
00:55
Apple Hikes Incoming
Benzinga
00:58
Trump Settles Niece Lawsuit
Benzinga
00:58
House Eyes Airline Rules
Benzinga
00:57
Intel-Apple Deal
Benzinga
00:50
Senate Targets Buybacks
Benzinga
00:58
CarMax Stock Sinks
Benzinga
Related Videos
00:48
Technical Analysis, Forex Forecast, FXEmpire.com, 17-06-16, oil prices, crude oil, commodities, oil prices forecast,
FX Empire
02:48
Commodities@Moneycontrol | OPEC to review crude oil in global markets on Sept 12
Moneycontrol
03:27
UAE OPEC EXIT: OPEC से बाहर निकलेगा UAE, भारत में सस्ता होगा Petrol-Diesel! Crude Oil Price
Goodreturns
02:46
India to release 5 million barrels of crude oil to cool oil prices | Oneindia News
Oneindia
03:26
Commodities@Moneycontrol |Crude oil prices decline ahead of G20 summit
Moneycontrol
02:30
OPEC+ Nations Led By Saudi Arabia & Russia Hammer Out Deal To Prop Up Crude Oil Price, Receive Praise From Donald Trump
LatestLY