Oil prices raised their gains by about 2% in trading today, Tuesday, with US crude rising near $ 80, as investors regained some of their appetite for risk, in conjunction with the continued struggle by some oil producers to increase production. This comes at a time when the crude markets are awaiting clues from the […]
Oil prices turned lower during trading on Friday, with Brent crude falling below $ 82, but it is still on track to achieve weekly gains, driven by supply concerns amid escalating unrest in Kazakhstan and outages in Libya. Investor sentiment was negatively affected, with the US economy adding 199,000 jobs less than analysts’ expectations in […]