Oil prices rise on supply concerns, Fed rate cut expectations
Oil prices rise on supply concerns, Fed rate cut expectations

Oil prices climbed on Friday, set for a fourth consecutive weekly gain, fueled by concerns over tightening supply due to U.S. sanctions on Russian oil producers and signals from a Federal Reserve official hinting at potential interest rate cuts, reports Reuters. Brent crude futures rose by 13...

Oil prices edge higher on hopes for more China stimulus
Oil prices edge higher on hopes for more China stimulus

Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the worlds biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support. Brent crude futures rose 22 cents, or 0.3%, to $73.80 a barrel by...