Oil prices rose on Wednesday after a report of declining U.S. crude inventories ...
SINGAPORE - Oil prices rose on Wednesday after a report of declining U.S. crude inventories and as producer club OPEC seemed to stick to its supply cuts despite pressure from U.S. President Donald Trump.U.S. West Texas Intermediate crude oil futures were at $55.89 per barrel at 0755 GMT, up 39 cents, or 0.7 percent, from their last settlement.
Official data will be released by the U.S. Energy Information Administration after 1800 GMT on Wednesday. “Crude oil futures bounced as OPEC members remained firm on planned production cuts despite heightened political pressure from U.S. President Trump early this week,” said Benjamin Lu of Singapore-based brokerage Phillip Futures.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Oil rises on OPEC-led supply cuts, report of falling U.S. crude inventoriesOil prices rose on Wednesday after a report of declining crude inventories in th...
Leer más »
Oil futures reverse sharply lower as Trump tells OPEC to ‘relax’ on pricesCrude-oil futures turned sharply lower Monday morning, an about-face that energy analysts pinned on a call from President Trump to OPEC to further prevent rising prices.
Leer más »
Saudis Likely to Push to Maintain OPEC Output Cuts Despite U.S. PressureSaudi Arabia and others in OPEC are likely to back a continuation of oil-production curbs when the group meets in April, according to officials in the cartel, in defiance of U.S. pressure to keep crude prices low.
Leer más »
Saudi oil minister to Trump: 'We are taking it easy'Saudi Energy Minister Khalid al-Falih told CNBC Wednesday that OPEC is taking a measured approach to supply cuts, directly responding to comments from President Donald Trump earlier in the week.
Leer más »
Ex-Anglican vicar rubbed ‘sacred oil’ on men’s genitals in sexual battery, police sayA former Anglican priest was charged with sexual battery for performing sexual acts on two men when he was vicar of a Fresno church, according to the Fresno County district attorney’s office and church officials.
Leer más »
Crane ships begin raising Norwegian navy ship damaged by oil tankerTwo crane ships early on Tuesday began raising a submerged Norwegian navy frigat...
Leer más »