10405
Oil Prices Above $55
Energy

Oil Prices Above $55

Crude oil prices rose on Monday as investors shrugged off bearish Chinese data and news of a US refinery strike and focused on a falling US rig count that signaled lower production down the line. Brent crude futures were up $1.81 at $54.80 a barrel, after leaping as high as $55.62 and dipping as low as $51.41, Reuters reported.

 

Short URL : http://goo.gl/4wNbtT

You can also read ...

Last week, OPEC said its crude oil production averaged 32.61 million bpd in June.
OPEC’s crude oil production is expected to increase by another...
Italian Firm Signs Solar Plant Deal
An unnamed Italian company has sealed an agreement to build a...
As Oil Producers Meet, Agreement Looks Strained
When oil producers meet Monday, their alliance will look frayed...
Big Oil has shed thousands of jobs, scrapped projects and squeezed service costs.
After a brief respite at the start of the year, the world's top...
Notable Reduction in Electricity Wastage
In line with plans to fight illegal electricity use and renovate...
Kuwait: Compliance With OPEC Cuts Good
The Kuwaiti oil minister said on Friday the compliance of oil...
Crude Prices Plunge 2.5%
Oil prices slid on Friday, settling about 2.5% lower after a...

Trending

Googleplus