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BusinessReutersOil extends rally into 6th day on tight supply, Brent hitting 3-yr high
TOKYO (Reuters) -Oil markets rose on Tuesday, reversing earlier losses and extending their rally into a sixth session, amid continued concerns over tight supply at a time when demand is picking up with the easing of COVID-19 pandemic restrictions. Brent crude futures gained 42 cents, or 0.5%, to $79.95 a barrel at 0248 GMT, reaching its highest since October 2018. "The market sentiment remained strong with tighter supply and recovering demand in many parts of the world," said Toshitaka Tazawa, an analyst at Fujitomi Securities Co Ltd.
BusinessABN NewswireTorian Resources Limited (TNR.AX) Mt Stirling Gold System Extended 280m Further SE
Torian Resources Limited (ASX:TNR) is pleased to announce results from various drilling campaigns at Mt Stirling. Results continue to increase the extents of gold mineralisation at various prospects and multiple gold domains, with pierce point intercepts beyond the current resource boundaries.
- BusinessOilprice.com
The Energy Crisis Is Sending Oil, Gas, And Coal Prices Soaring
The European energy crisis appears to be going global and the natural gas shortage is now beginning to impact oil and coal markets
