(Bloomberg) -- Oil traded near a two-month high after breaking out of its recent trading range on an escalation in tensions in the Middle East and concerns...
-- Oil traded near a two-month high after breaking out of its recent trading range on an escalation in tensions in the Middle East and concerns over the rapid start to the Atlantic hurricane season.BlackRock Deal to Make Preqin’s Founder Richer Than Larry Fink
Oil is cementing last month’s gains, as OPEC+ keeps supply in check and travel picks up in the northern hemisphere summer, with traders likely to keep a close eye on gasoline demand around Thursday’s US Independence Day holiday. Concerns over a struggling recovery in China — the biggest crude importer — are likely to limit price increases.
Oil prices move a notch higher Monday ahead of the July Fourth weekend and the broader summer driving season. Could geopolitical tensions in the Middle East and seasonal factors push crude oil even higher? Lipow Oil Associates President Andy Lipow communicates oil market concerns around potential escalations in these Middle East conflicts and how OPEC+ can continue to constrain supply. "It's easy to see that OPEC+ has surprised the market before, they could do it once again.
Eva Amurri Claps Back at Critics 'Scandalized' by Her Breasts in Bustier Wedding Dress: See Her ResponseOnko sinulla usein vaikeuksia muistaa nimiä, tehtäviä ja...The mother of U.S. soldier and former NFL star Pat Tillman said she was “shocked” to hear Prince Harry, Duke of Sussex, would be the recipient of an annual award made in the name of her son, who was killed by friendly fire in Afghanistan in 2004.
Bloomberg Atlantic Hurricane Season
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oil price news: Oil holds near 4-month low on signs of rising U.S. stockpilesOil held losses near a four-month low as an industry report pointed to an increase in U.S. crude stockpiles, adding to bearish sentiment compounded by OPEC+’s plan to boost supply.
Read more »
Oil prices near two-month high over Middle East tensionsOil prices (BZ=F, CL=F) are nearing two-month highs as signals point to an expanded potential military conflict between Israel and Hezbollah, stoking fears...
Read more »
Oil price news: Oil holds near 8-week high on escalating political tensionsOil was steady near its highest close in eight weeks amid simmering geopolitical tensions from Yemen to Russia.
Read more »
Students experience everything the trades have to offer at Jill of All TradesCanada's construction news
Read more »
Oil Trades in Narrow Range After Big Build of US StockpilesOil was steady after a choppy session on Wednesday following volatility in wider equity markets and a large build in US crude stockpiles.
Read more »
Raptors draft Mogbo 31st overall, Shead 45th after making two trades for added picksTORONTO — Jonathan Mogbo has been selected 31st overall by the Toronto Raptors in the NBA Draft. Toronto then took Jamal Shead 45th overall with a pick acquired from the Sacramento Kings in a trade earlier in the day.
Read more »