Thursday, 28 June 2018

Oil. Better now

Is the smash hit from Post Malone.

Oil prices are better now, and this bodes well for Mahathir's new Malaysia.

Market Watch has the story on Oli prices. Read below :

Oil prices climbed Thursday, with the U.S. benchmark again marking its highest level since 2014 in the wake of the biggest weekly decline of the year for domestic crude supplies and ongoing global output risks.

Traders also showed concerns that U.S. sanctions on Iranian oil and production issues at a Canadian oil sands facility will contribute to tighter global supplies.

Natural-gas prices, meanwhile, finished lower after a U.S. government report revealed an upward revision to previously reported weekly stockpiles of the fuel.

On the New York Mercantile Exchange, August West Texas Intermediate crude CLQ8-0.05% added 69 cents, or nearly 1%, to settle at $73.45 a barrel, for its highest finish since Nov. 26, 2014.

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