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U.S oil

US oil target of $67.98 aborted
Business Published 06 May, 2021 02:40pm

US oil target of $67.98 aborted

SINGAPORE: A bullish target of $67.98 per barrel has been temporarily aborted for US oil. It will only be resumed...
Oil climbs to fresh 6-week high
Business Published 30 Apr, 2021 11:39am

Oil climbs to fresh 6-week high

NEW YORK: Oil prices rose to fresh six-week highs on Thursday as strong US economic data, a weak dollar and an...
Oil prices rise on economic outlook, drawdown in fuel stocks
Business Published 11 Mar, 2021 07:24am

Oil prices rise on economic outlook, drawdown in fuel stocks

SINGAPORE (Reuters) - Crude oil prices rose on Thursday as vaccine rollouts bolstered the economic outlook and U.S. fuel stocks fell sharply, although gains were capped by a surge in crude oil inventories after last month’s Texas storm.