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Brent, WTI Crude Rebound

Prices are rising for Brent and WTI crude. The gains follow steep losses and a warning on global demand from the International Energy Agency that says global demand is in “free fall.” Bloomberg’s Su Keenan reports on “Bloomberg Daybreak: Asia.” (Source: Bloomberg) Read the full article here Source: Bloomberg

Oil tops $60, settles near 3-month high

Oil prices rose slightly Monday on hopes energy demand will benefit from the trade deal between the United States and China. Brent crude oil futures rose 16 cents to $65.37 a barrel, while West Texas Intermediate crude rose 14 cents to settle near a three-month high of $60.21 a barrel.     Read the full article here Source: […]

Supply and demand

U.S. oil producers have said they plan to slow production to reduce supplies and thus boost the costs. But experts say that oil production will stay ramped up into 2020, and will slow later next year and after.     Read the full article here Source: Toledoblade.com