Oil Prices Rise Despite Multiple Bearish Catalysts ...Middle East

Oil prices are rising despite concerns about Trump imposing tariffs on trading partners and talk of a peace deal between Russia and Ukraine. Oil prices are now set to end the week with a gain, ending a three-week losing streak. Backwardation has eased in global crude futures and oil is set to rebound from three straight weeks of losses. This week’s largest geopolitical development – the prospect of a Russian-Ukrainian negotiated settlement – has oddly failed to push prices significantly lower, even though it had a massive and…

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil Prices Rise Despite Multiple Bearish Catalysts )

Also on site :

• China May retail sales sharply beat estimates; industrial output misses expectations
• The 6th Qingdao Multinationals Summit to Be Held on June 18, Signaling China's Commitment to Expanding Opening-Up and Boosting Foreign Investment
• Zimbabwe: Labour MP Butler Distances Herself From Summit With Zimbabwe's First Lady As Activists Threaten Protests