Skip to main content

Oil Prices Recover as Saudi Arabia Tempers Production Worries





Oil prices traded higher early in Europe on Friday, as comments that Saudi Arabia would reduce exports in August tempered fears of oversupply.
New York-traded West Texas Intermediate crude futures gained 23 cents, or 0.34% to $68.47 a barrel by 4:33 AM ET (8:33 GMT).
www.mcxgoldstar.com
7249938989
9719002865

Comments

Post a Comment

Popular posts from this blog

Gold Prices Rise As All Eyes Turn To Powell

Gold prices edged up on Monday, rebounding from the worst week in more than two months. Federal Reserve’s new chair Jerome Powell would be giving his first speech at the Congress on Tuesday, as investors look for potential clues of future pace of U.S. monetary policies www.mcxgoldstar.com 7830278303
Post a Comment
Read more

Gold Prices Slip, Pull Away From 2-1/2 Week Highs

Gold prices slipped on Thursday, pulling away from the previous session's two-and-a-half week highs posted after mixed U.S. economic reports dampened expectations for a more aggressive rate hike policy by the Federal Reserve. www.mcxgoldstar.com 7830278303
Post a Comment
Read more

Gold Prices Mildly Supported Ahead of Powell Testimony

Gold prices remained mildly supported on Tuesday, as sentiment on the greenback was vulnerable ahead of Federal Reserve Chairman Jerome Powell's first congressional testimony scheduled later in the week. www.mcxgoldstar.com 7830278303
Post a Comment
Read more