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Oil price news: Oil holds large gain as fresh Red Sea attack puts market on edge

Oil price news: Oil holds large gain as fresh Red Sea attack puts market on edge
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Oil prices headed for a third straight weekly drop

Countries projected an unprecedented decline in inventories amid record fuel demand

Saudi arabiaPriyanka sachdevaPhillip nova pteOrganization of petroleum exporting countriesImage creditMiddle eastPetroleum exporting countriesPersian gulf

Oil Set for Third Weekly Drop as Demand Fears Outweigh War Risk

(Bloomberg) Oil headed for a third straight weekly drop on growing concerns over global demand and the unwinding of the war-risk premium, while Saudi Arabia blamed speculators for the decline. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’World’s Biggest Bank Forced to Trade Via USB Stick After HackNew ‘Call of Duty’ Draws Harsh Reviews After Rushed DevelopmentSaudis Find a Bottomless Money Pit in LucidWorld’s Largest Bank Hit By Ransomware Gang Link

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Oil edges higher as traders watch for latest moves from Israel

Brent for December settlement climbed 0.7% to $90.42 a barrel at 11:50 a.m. in Singapore.

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Oil holds loss with focus on latest moves in Israel-Hamas war

Oil holds loss with focus on latest moves in Israel-Hamas war
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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