Tightening oil supplies pushed West Texas Intermediate above US$83 a barrel, extending a rally that has propelled prices to the highest since October.
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Oil price news: Oil extends gains on China data, attacks on Russian refineriesOil hit a fresh four-month high as Chinese economic data beat expectations, and Ukrainian drone attacks on Russian refineries heightened geopolitical risks.
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Oil price news: Oil extends gains on China data and Russian refining attacksOil climbed to a four-month high as key Chinese economic data beat estimates, while Ukrainian drone attacks on Russian refineries heightened geopolitical risks.
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Oil price news: Oil holds gain with Russian refining and OPEC+ curbs to the foreOil held most its recent gains after reaching the highest close since late October on Monday, as Ukrainian drone attacks on Russian refineries and OPEC+ supply cuts remained in focus.
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Iraq Says Will Cut Oil Exports to Compensate for Output BreachIraq said it will reduce oil exports in the coming months to compensate for producing above its OPEC+ limits earlier this year.
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Oil price news: Oil extends gain on Russia refinery attacks, China economic dataOil climbed to a four-month high as Ukrainian drone attacks on Russian refineries heightened geopolitical risks and key Chinese economic data beat estimates.
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Oil price news: Oil posts least volatile week since 2021 with prices rangeboundOil eased lower as a brief outage on North America’s Keystone pipeline failed to shake prices out of the tightest weekly trading range in years.
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