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SINGAPORE, Aug 11 (Reuters): Crude oil gained more ground on Tuesday, with prices underpinned by expectations of U.S. stimulus and a rebound in Asian demand as economies reopen.
NEW YORK: Oil settled higher on Monday, supported by data suggesting Chinese factories were returning to pre-pandemic levels, signs of rising energy demand and hopes for an agreement in the United States on more coronavirus-related economic stimulus.
MELBOURNE: Oil prices climbed yesterday, supported by Saudi optimism about Asian demand and an Iraqi pledge to deepen supply cuts, although uncertainty over a deal to shore up the US economic recovery capped gains.
RIYADH: Saudi Aramco said it’s still working on a deal to buy a US$15bil stake in Reliance Industries Ltd’s refining and chemicals business, even as lower oil prices forces it to slash investment spending.
MELBOURNE, Aug 10 (Reuters): Oil prices climbed on Monday, supported by Saudi optimism about Asian demand and an Iraqi pledge to deepen supply cuts, although uncertainty over a deal to shore up the US economic recovery capped gains.
KUALA LUMPUR: The FBM KLCI descended in morning trade on the back of a sharp decline in glove makers even as trading volume on the wider market rose at a breakneck pace.
MELBOURNE: Oil prices climbed in early trade on Monday, clawing back over half of Friday's losses, on hopes for a stimulus deal to shore up the U.S. economic recovery and a pledge from Iraq to deepen its crude oil supply cuts