Oil Gains on Short-Covering, Nuclear Talks

Memorial Weekend Demand Lifts Oil Prices

By Adedapo Adesanya Oil prices gained on Friday, spurred by expected demand from the three-day Memorial Day weekend amid worries over the latest nuclear talks between American and Iranian negotiators. Brent crude futures settled at $64.78 a barrel after chalking up 34 cents or 0.54 per cent, and the US West Texas Intermediate (WTI) crude […]

Oil gains on short-covering, nuclear talks

Oil prices gained on Friday (May 23) as US buyers covered positions ahead of the three-day Memorial Day weekend amid worries over the latest round of nuclear talks between American and Iranian negotiators.

Ending the Week - Oil Gains on Short-Covering, Nuclear Talks - Energy News, Top Headlines, Commentaries, Features & Events

Oil gains on short-covering, nuclear talks Summary Higher tariffs could hit oil demand growth, analysts say Brent and WTI down more than 2% this week Market braces for another OPEC+ output increase in July (Reuters) – Oil prices gained on Friday as U.S. buyers covered positions ahead of the three-day Memorial Day weekend amid worries ...