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Oil Prices Rise on Optimism over Solid US Fuel Demand.

Oil prices rose on thursday:il prices rose on Thursday, extending the previous day’s rally, driven by optimism over US fuel demand following an unexpected drop in crude and gasoline inventories, while reports that OPEC+ may delay a planned output incr…

China’s Non-Manufacturing PMI Rises to 50.2 in October.

Beijing: The purchasing managers’ index (PMI) for China’s non-manufacturing sector came in at 50.2 in October, up from 50 in September, official data showed Thursday. A reading above 50 indicates expansion, while a reading below 50 reflects contractio…

Oil Prices Steady as US Crude Inventories Fall

Oil prices stabilized on Wednesday on industry data showing a surprise drop in US crude and gasoline inventories, following two previous sessions of losses on the prospect of hostilities easing in the Middle East.

Brent crude futures gained 21 cents…