Jeffrey Halley

Oil Prices Rise As Investors Pour Fresh Cash Into Crude Futures

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Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and as concerns rose that new U. S. sanctions against Iran could be extended to affect crude supplies. However, markets were held back by more signs of growing U.S. production as well as worries that import demand in China … Read more

Oil Prices Rise On U.S. Crude Stock Decline, Weaker Dollar

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Oil prices edged up in thin trading on Thursday after steep falls in the previous session, supported by a weaker dollar, positive economic data and a drawdown in U. S. crude stocks. International Brent crude futures were trading up 4 cents at $53.04 a barrel at 0345 GMT after closing the previous session down 93 … Read more