Tag : U.S. Treasury

Business

Brent crude rises to $74.16 as oil prices climb

omandailynews.com
Oil prices settled higher Tuesday, with Brent crude futures rising 3.01% to $74.16 a barrel. U.S. West Texas Intermediate crude gained 2.76% to $70.44 a barrel. Brent added $2.17 for the session. WTI rose $1.89. Trading later extended gains after...
Business

China electric cars reshape fuel demand and Venezuela oil flows

omandailynews.com
BEIJING: China’s rapid shift to electric vehicles is reshaping the world’s largest auto market and dulling growth in the transport fuel demand that once underpinned its appetite for imported crude, including heavy oil from Venezuela. The International Energy Agency said China sold...