Crude prices rise, hold above $50 after Russian comments

Posted By ComTradeIn       Published on 21/10/2016

U.S. oil rose on Friday, hovering above the $50 a barrel threshold after Russia reiterated its commitment to contribute to a global output freeze, although a stronger U.S. dollar limited the commodity’s gains. U.S....


Oil hits more than one-year high after surprise US crude draw

Posted By ComTradeIn       Published on 19/10/2016

Reuters;  U.S. crude hit a more than one-year high on Wednesday after government data showed that U.S. crude stockpiles declined for the sixth time in seven weeks, as refinery activity fell and the country...