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The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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The 16thBeijing International Natural Gas Technology & Equipment Exhibition

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BEIJING, China

March 26-28,2026

LOCATION :Home > News> Industry News

Oil prices rise as efforts to curb supply continue

Pubdate:2017-07-20 10:03 Source:liyanping Click:

NEW YORK, July 18 (Xinhua) -- Oil prices rebounded on Tuesday as reports said Saudi Arabia is considering further limiting crude oil export.

The West Texas Intermediate for August delivery added 0.38 U.S. dollar to settle at 46.40 dollars a barrel on the New York Mercantile Exchange, while Brent crude for September delivery gained 0.42 dollar to close at 48.84 dollars a barrel on the London ICE Futures Exchange.