Oil prices perch at 2-mth peak, set for weekly gains amid demand hopes

Investing.com– Oil prices rose slightly in Asian trade on Friday and were sitting at an over two-month peak as optimism over increased summer demand and speculation over supply disruptions supported…

Brent crude trades above $87, sets highest levels since April

By Paul Carsten and Nia Williams (Reuters) -Oil prices for Brent crude hit their highest level since April on Thursday, holding above $87 after data the previous day showed a…

Brent crude above $87, sets highest levels since April

By Paul Carsten and Robert Harvey LONDON (Reuters) -Oil prices for Brent crude hit their highest level since April on Thursday, holding above $87 after data the previous day showed…

Brent crude oil holds above $87 a barrel

By Paul Carsten and Robert Harvey LONDON (Reuters) -Oil prices for Brent crude held above $87 a barrel on Thursday, near their highest level since late April after data the…

Oil prices slip from multi-month highs on demand concerns

By Robert Harvey LONDON (Reuters) -Oil prices edged lower on Thursday, retreating from the previous session’s multi-month highs, with investors taking profits as demand caution remained in focus despite last…

Oil prices fall from 2-month highs; still on track for weekly gains

Investing.com–Oil prices fell from two-month highs on Thursday, as traders collected some profits from a strong run-up this week, while soft U.S. economic data raised some concerns over long-term demand.…

Dollar edges lower in holiday trade; sterling gains as polling starts

Investing.com – The U.S. dollar slipped lower in early European trade Thursday as weak economic data raised expectations of interest rate cuts by the Federal Reserve, while sterling edged higher…

Oil drops on worries about demand, slowing US economy

By Katya Golubkova and Trixie Yap (Reuters) -Oil prices fell on Thursday, with investors turning cautious on expectations of lower demand as U.S. employment and business data came in weaker…

Gold prices steady at 10-day high as rate cut bets grow

Investing.com– Gold prices steadied at a 10-day high in Asian trade on Thursday after growing bets on interest rate cuts by the Federal Reserve pulled down the dollar and Treasury…

Alaska sues to challenge new NPR-A oil and gas leasing rules

(Reuters) – The state of Alaska on Wednesday said it has filed a lawsuit challenging new federal regulations imposed for oil and gas leasing in the National Petroleum Reserve-Alaska (NPR-A).…