Oil prices edge higher, on track for 3% weekly gain

Quick Summary:

Oil prices edged higher on Thursday, recouping some of the more than 1 per cent losses from the previous session after U.S.crude inventories rose much more than estimated.

Brent crude futures rose 44 cents, or 0.59 per cent to $75.40 at 0003 GMT, while U.S.

Energy Information Administration on Wednesday, compared with analysts' expectations in a Reuters poll for a 270,000-barrel rise.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeIsraelLebanonYemen

Topics: Week Cents Rose Brent Crude Economic Futures Inventories October Hezbollah Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-24 @ 08:37:35 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 401 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23218668

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 4 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 21 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions