Oil extends gains on higher gasoline demand

JPMorgan on the rising oil price, say that Brent could continue to $150 / bbl citing Echo Energy plc (LON:ECHO) is a full cycle, exploration led, oil and gas focused AIM-listed E&P with an exciting asset base in

Oil prices rose for a third straight session on Monday, buoyed by forecasts of a widening supply deficit in the fourth quarter after Saudi Arabia and Russia extended cuts and on optimism of a demand recovery in China,

Oil prices edged higher on Wednesday, hovering at a new 10-month high hit the previous day, as expectations of tighter global supply and fears of supply disruption in Libya outweighed concerns of slower demand in some countries such

Oil prices rose a dollar a barrel on Tuesday to their highest since November, after Saudi Arabia and Russia extended their voluntary supply cuts to the end of the year, worrying investors about potential shortages during peak winter demand. Brent

Oil prices edged higher on Thursday as prospects of further supply cuts offset weak economic data from China. Brent, the benchmark for two thirds of the world’s oil, was trading 0.15 per cent higher at $85.99 a barrel at

Oil prices steadied after earlier declines on Thursday caused by disappointing economic data from key economies, with investors awaiting a speech by U.S. Federal Reserve Chair Jerome Powell on Friday for clues on interest rate moves. Brent crude

From a UBS note, in summary. Analysts at the Gloabl Wealth management arm do not expect recent price falls to persist, in light of the oil market’s firming fundamentals: Echo Energy plc (LON:ECHO) is a full cycle, exploration

Some analysts predict oil prices will breach $100 a barrel before the year is out, and a weaker kiwi dollar will worsen the pain at the pump. Petrol prices are shaping up as the newest headache for consumers and the

Oil prices rose in early trade on Tuesday as supply concerns arising from production cuts by Saudi Arabia and Russia supported the market. Brent crude futures rose 37 cents, or 0.4%, to $85.71 a barrel at 0010 GMT,

Oil prices gained about 2% on Thursday as Saudi Arabia and Russia took steps to keep supplies tight into September and possibly beyond. Brent futures rose $1.94, or 2.3%, to settle at $85.14 a barrel, while U.S. West

Oil prices surged on Wednesday, trading near their highest levels since April, buoyed by crude and fuel product inventory data showing robust U.S. demand. Brent crude futures for October were up 44 cents, or 0.5%, to $85.35 a

Oil climbed almost 1% on Thursday, recouping losses from the previous session, supported by supply tightness owing to OPEC+ production cuts and renewed optimism on the outlook for Chinese demand and global growth. Crude has posted four consecutive

Oil prices climbed more than 1 per cent on Tuesday evening as data showed a mixed picture for the US economy, outweighing Chinese economic growth numbers. US retail sales rose less than expected in June while factory output declined,

Oil prices steadied on Wednesday after rising by more than 2 per cent the previous day amid prospects of tightening crude supply, increasing fuel demand and a softer US dollar. Brent, the benchmark for two thirds of the world’s

Oil prices rose slightly in choppy trading on Monday, as investors balanced concerns about global demand growth against upcoming supply disruptions that could be exacerbated by political instability in Russia. Brent crude futures rose 33 cents, or 0.5%,

Oil prices rebounded early on Wednesday, recovering after two straight sessions of losses, as expectations of hawkish Federal Reserve talk later in day and possible U.S. crude stock drawdowns outweighed China demand worries. Brent futures firmed 23 cents