Oil's early Friday gains came amid bargain-hunting buying
Prices had marginally pared losses earlier
Putin is set to start a two-day visit to India starting on Thursday
U.S. West Texas Intermediate crude futures were up 45 cents, or 0.8%, at $59.10 a barrel
U.S. crude inventories climbed by 2.8 million barrels
Russia stressed it would not let any deal stray too far from its objectives
Recent price weakness is driven mainly by reported progress in Ukraine–Russian peace negotiations
U.S. oil giants Exxon Mobil and Chevron were seen slightly higher
An end to the war in Ukraine might pave the way for higher Russian oil flows
U.S. West Texas Intermediate (WTI) crude was up 6 cents, or 0.1%, to $59.97
Novorossiysk resumed oil loadings on Sunday
Brent was trading at $64.54
Crude inventories rose by 6.4 million barrels to 427.6 million barrels
Oil and gas demand could continue to grow until 2050
Middle Eastern producers Saudi Arabia, Iraq and Kuwait will raise crude oil supplies to India
Both benchmarks fell about 2% last week
U.S. West Texas Intermediate crude was up 46 cents, or 0.77%, at $59.89
U.S. West Texas Intermediate crude was down 84 cents, or 1.38%, at $60.21
Morgan Stanley raised its Brent crude forecast for the first half of 2026 to $60 a barrel
U.S. West Texas Intermediate crude was at $60.50 a barrel
U.S. President Donald Trump lowered tariffs on China
U.S. West Texas Intermediate crude futures gained 72 cents, also 1.2%, to $60.87
Brent and WTI last week registered their biggest weekly gains since June
.S. West Texas Intermediate crude futures also advanced 30 cents, or 0.49%, to $62.09
Crude stocks fell by 961,000 barrels to 422.8 million barrels last week
Prices stabilised on Tuesday after hitting their lowest levels since early May on Monday
U.S. West Texas Intermediate futures were also up 10 cents, or 0.17%
U.S. West Texas Intermediate futures fell 14 cents, or 0.2%, to $58.56
U.S. West Texas Intermediate crude was down 2.1%
Brent and U.S. crude futures fell more than $2 a barrel