(Bloomberg) -- Oil ticked higher ahead of reports from OPEC and the IEA this week that will shed light on global crude balances, with traders also tracking...
-- Oil ticked higher ahead of reports from OPEC and the IEA this week that will shed light on global crude balances, with traders also tracking Tropical Storm Beryl ’s path as it approaches Texas.Le Pen Party Seeks Major French Election Win: What to Watch
Oil touched the highest level since late-April last week as expectations for higher demand and lower stockpiles over the summer months pushed prices higher. While the rally has faced some resistance from some signs of weakness in China, the largest crude importer, wider market expectations for US interest-rate cuts have helped to buoy risk assets including commodities.
-- Chinese electric vehicle maker BYD Co. will acquire a 20% stake in its Thai official distributor Rever Automotive Co. after opening its first manufacturing plant in the Southeast Asian market.
Bloomberg IEA US Energy Information Administration Organization Of Petroleum Exporting Countries Tropical Storm Beryl Brent Crude
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