Live News Update
Oil prices rise as OPEC resists Trump pressure to ease supply cuts
Oil prices rose on Wednesday after a report of declining U.S. crude inventories and as producer club OPEC seemed to stick to its supply cuts despite pressure from U.S. President Donald Trump.
U.S. West Texas Intermediate (WTI) crude oil futures were at $55.99 per barrel at 0600 GMT, up 49 cents, or 0.9 percent, from their last settlement.
International Brent crude futures were at $65.65 per barrel, up 44 cents, or 0.7 percent from their last close.
U.S. crude oil inventories fell by 4.2 million barrels in the week to Feb. 22, to 444.3 million barrels, the American Petroleum Institute (API) estimated in a weekly report on Tuesday.
Official data will be released by the U.S. Energy Information Administration (EIA) after 1800 GMT on Wednesday.
For More Information Contact Us-9719026661
https://api.whatsapp.com/send?phone=919720003255
www.royaltraders.co
Best Accuracy Of RoyalTraders
Oil prices rise as OPEC resists Trump pressure to ease supply cuts
Oil prices rose on Wednesday after a report of declining U.S. crude inventories and as producer club OPEC seemed to stick to its supply cuts despite pressure from U.S. President Donald Trump.
U.S. West Texas Intermediate (WTI) crude oil futures were at $55.99 per barrel at 0600 GMT, up 49 cents, or 0.9 percent, from their last settlement.
International Brent crude futures were at $65.65 per barrel, up 44 cents, or 0.7 percent from their last close.
U.S. crude oil inventories fell by 4.2 million barrels in the week to Feb. 22, to 444.3 million barrels, the American Petroleum Institute (API) estimated in a weekly report on Tuesday.
Official data will be released by the U.S. Energy Information Administration (EIA) after 1800 GMT on Wednesday.
For More Information Contact Us-9719026661
https://api.whatsapp.com/send?phone=919720003255
www.royaltraders.co
Best Accuracy Of RoyalTraders
Comments