Saturday 26 May 2018
oil rebound

Oil gains, focus on Egypt, US jobs

Crude oil futures rose on Friday as Egypt's volatile situation kept markets on edge, and ahead of US employment data due later in the day. US crude was 16 cents up at $90.70 a barrel by 1109 GMT. Brent crude for March rose by 20&n


Oil rebounds with equities as dollar drops

Oil reversed early losses, rising more than $1 from Tuesday's trough, as the dollar tumbled and Asian stock markets rebounded amid easing concern about the slowdown in the global economic recovery. US crude for August delivery climbed


Oil demand rebound will take time: Aramco CEO

Oil demand in the US and Europe remains weak but the economic crisis will not lead to a permanent reduction in global consumption, the head of Saudi Arabia's state oil company said in an interview with a US television station. 'It

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