Tag: oil prices
Oil prices extended their gains to more than 2% during trading today, Friday, with US crude exceeding the $ 92 barrier, prices to continue their sharp gains, with cold weather spreading in large areas of the United States, which threatens to disrupt oil supplies further. Yesterday, Thursday, oil prices ended their trading with gains of […]
Oil prices jumped on Thursday, buoyed by signs that the U.S. crude glut is not growing as quickly as expected and that fuel demand battered by COVID-19 restrictions is starting to pick up. West Texas Intermediate (WTI) crude futures climbed to a high of $17.75 a barrel and were up 9.2%, or $1.39, at $16.45 at […]
Oil prices gained on Monday in Asian following a volatile week as traders digested the latest development on the Sino-Us talks. U.S Crude Oil WTI futures rose 1.0% ti $55.33 per barrel. International Brent Oil Futures climbed 1.1% to $59.27 per barrel. Oil markets swung between gains and losses last week as a delay on […]
Oil prices rose on Monday to extend gains from last week, bolstered as tensions remain high between Iran and the United States after U.S. Secretary of State Mike Pompeo said “significant” sanctions would be announced on Tehran. Brent futures were up 50 cents, or 0.8%, at $65.70 a barrel by 0655 GMT. West Texas Intermediate crude […]
Driven by simmering tensions between the U.S. and Iran, oil prices continued to trade higher during morning trade in Asia Friday hours after soaring to their highest level for the month. U.S. WTI crude futures were up 0.47% to $57.40 by 8:36 PM ET (00:30 GMT). Brent crude, traded in London, was up 0.42% to $64.78. […]
Oil prices edged higher early on Wednesday as market participants expected official US data – due for release later today – to show a drop in the nation’s crude inventories. Oil Prices today: U.S. Crude Oil WTI Futures gained 0.3% to $54.28 by 12:57 AM ET (04:57 GMT). International Brent Oil Futures rose 0.2% to $62.23. Citing Venezuela’s oil […]
Oil prices slide around 1% on Monday, extending losses of over 3% from Friday, when crude markets slipped to their biggest monthly losses in six months amid stalling demand and as trade wars fanned fears of a global economic slowdown. Brent crude futures were at $61.28 at 0659 GMT. That was 71 cents, or 1.1%, […]
Oil prices rose on Thursday after an industry report showed a decline in U.S. crude inventories that exceeded analyst expectations. U.S. West Texas Intermediate (WTI) crude futures added 26 cents, or 0.4%, at $59.07 a barrel by 0258 GMT. They closed down 0.6% on Wednesday after hitting their lowest since March 12 at $56.88. Brent crude futures, […]
Oil prices recouped more than 1% on Friday but were on track for their biggest weekly loss this year after swelling inventories and jitters over an economic slowdown led to big falls earlier in the week. Brent crude futures were at $68.65 per barrel at 0534 GMT, up 89 cents, or 1.3%, from their last […]
US oil prices climbing back above $64 a barrel. The situation in Libya escalated surprisingly quickly last week when the Libyan National Army, a formation affiliated with the eastern Libyan government, launched an attack on the UN-recognized cabinet in Tripoli. The attack followed a statement by LNA leader General Khalifa Haftar that Libya will soon have […]
