oil prices edge up after selloff
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Oil prices edge up after selloff

Arab Today, arab today

Arab Today, arab today Oil prices edge up after selloff

Crude oil
New York - XINHUA

Crude prices rebounded Thursday from Wednesday's sharp decline as traders bought the dip.
Crude prices plunged Wednesday as a government report showed that U.S. crude output added last week.
Last week, U.S. crude production increased 18,000 barrels to 9. 404 million barrels a day, according to the Energy Information Administration (EIA).
U.S. crude supplies of the week ending April 3 increased 10.9 million barrels to 482.4 million, 98.3 million barrels more than a year earlier.
Meanwhile, inventories at Cushing, Oklahoma, the delivery point for the contract, gained 1.2 million barrels to 60.2 million barrels.
Saudi Arabia pumped around 10.3 million barrels per day in March, marking an increase from previous months, said the country' s Oil Minister Ali al-Naimi Tuesday.
Crude prices were also boosted by upbeat U.S. job data. In the week ending April 4, the advance figure for seasonally adjusted initial jobless claims was 281,000, an increase of 14,000 from the previous week's revised level, but below market consensus of 285, 000, according to U.S. Labor Department Thursday.
Light, sweet crude for May delivery gained 37 cents to settle at 50.79 dollars a barrel on the New York Mercantile Exchange, while Brent crude for May delivery moved up 1.02 dollars to close at 56.57 dollars a barrel.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

oil prices edge up after selloff oil prices edge up after selloff

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

oil prices edge up after selloff oil prices edge up after selloff

 



GMT 20:57 2017 Tuesday ,14 February

China to avoid bank shock, reach high income

GMT 14:11 2017 Friday ,18 August

Infosys chief quits in rift with founders

GMT 11:08 2017 Saturday ,16 September

German union attacks Air Berlin administrators for delay

GMT 19:59 2017 Saturday ,21 October

Mufti condemns Afghan mosque attacks

GMT 05:33 2016 Sunday ,18 December

Oil tanker catches fire on Super Highway, 3 killed

GMT 16:15 2017 Tuesday ,11 July

IEA: Oil, gas investment set to recover slightly

GMT 09:12 2018 Wednesday ,12 December

Ford trains 1,600 motorists in Mideast, Africa in 2018

GMT 18:29 2013 Friday ,08 March

Cheb Khaled tops best French song list

GMT 14:22 2018 Saturday ,20 January

Hariri meets French Foreign Minister

GMT 06:33 2017 Sunday ,31 December

Gazan dies after border clash with Israel forces
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday