Fri, Aug 02, 2024
Oil prices set for 4th weekly fall as demand concerns weigh
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Thu, May 02, 2024
Crude oil fell by 5% yesterday, crude oil at its lowest level in 7 weeks... Why was there a sharp fall in crude oil?
Fri, Jun 16, 2023
"The outlook for economic growth and inflation remains highly uncertain," said ECB President Christine Lagarde.
Mon, May 15, 2023
This came after the exchange, in March, received approval from markets regulator Securities and Exchange Board of India (Sebi) to launch these contracts.
Fri, May 12, 2023
Brent crude futures fell $1.43, or 1.9%, to settle at $74.98 a barrel, while West Texas Intermediate crude (WTI) fell $1.69, or 2.3%, to settle at $70.87.
Wed, May 10, 2023
Brent crude settled 43 cents, or 0.6% higher, at $77.44 a barrel, while U.S. West Texas Intermediate (WTI) crude closed up 55 cents, or 0.8%, at $73.71.
Tue, May 09, 2023
Brent crude settled up $1.71, or 2.3%, at $77.01. US West Texas Intermediate (WTI) crude also gained $1.82, or 2.6%, to $73.16.
Thu, May 04, 2023
Brent futures settled $2.99 lower, or 4%, to $72.33 a barrel, the global benchmark's lowest close since December 2021. Brent hit a session low of $71.70 a barrel, its lowest since March 20.
Wed, May 03, 2023
Brent futures fell $3.99, or 5.0%, to settle at $75.32 a barrel, while West Texas Intermediate crude (WTI) fell $4.00, or 5.3%, to end at $71.66.
Fri, Apr 28, 2023
Brent crude edged up 18 cents, or 0.23%, to $77.87 a barrel by 1344 GMT while U.S. West Texas Intermediate crude rose 12 cents, or 0.16%, to $74.42.
Thu, Apr 27, 2023
Brent crude settled at $77.69 a barrel, losing $3.08, or 3.8%. U.S. West Texas Intermediate crude settled at $74.30 a barrel, shedding $2.77, or 3.6%.
Wed, Apr 26, 2023
Brent crude rose by 16 cents, or 0.2%, to $80.93 a barrel by 0006 GMT. U.S. West Texas Intermediate crude rose 25 cents, or 0.3%, to $77.32 a barrel.
Tue, Apr 25, 2023
Brent crude settled up $1.07, or 1.3%, at $82.73 a barrel while U.S. West Texas Intermediate crude settled up 89 cents, or 1.1%, at $78.76.
Fri, Apr 21, 2023
Brent crude futures settled at $81.10 a barrel, shedding $2.02, or 2.4%. West Texas Intermediate crude (WTI) futures settled at $77.29 a barrel, losing $1.87, or 2.4%.
Thu, Apr 20, 2023
Brent futures for June delivery fell $1.65, or 2.0%, to settle at $83.12 a barrel. West Texas Intermediate crude (WTI) for May delivery fell $1.70, or 2.1%, to settle at $79.16.
Tue, Apr 18, 2023
The US dollar index has been strengthening alongside interest rate hikes, making dollar-denominated oil more expensive for holders of other currencies. It gained around 0.6 per cent on Monday.
Tue, Apr 11, 2023
Crude last week jumped more than 6 per cent after OPEC+, the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, surprised the market with a new round of production cuts starting in May.
Thu, Aug 18, 2022
The world's best-known crude benchmark, Brent was trading at USD 94.91 per barrel on Thursday after concerns of a global recession led to it slipping to a six-month low of USD 91.51 on the previous day
Sat, Jul 16, 2022
The comment during US President Joe Biden`s Middle East visit comes at a time when spare capacity at members of the Organization of the Petroleum Exporting Countries (OPEC) is running low.
Wed, Jul 13, 2022
Brent crude futures dropped 68 cents, or 0.7%, to $98.81 a barrel at 0002 GMT. U.S. West Texas Intermediate crude declined 72 cents, or 0.8%, at $95.12, also the lowest in three months.
Tue, Jul 12, 2022
Oil prices fell on Tuesday as fresh COVID-19 curbs in China, the world`s biggest crude importer, and fears of a global economic slowdown weighed on the fuel demand outlook.
Mon, Jul 11, 2022
Brent crude futures were up 11 cents, or 0.1%, at $107.13 a barrel at 0102 GMT, adding to a 2.3% gain on Friday.
Tue, Jul 05, 2022
Brent crude futures extended gains on Tuesday as a strike in Norway is expected to disrupt oil and gas output, fanning tight supply worries, according to a Reuters report.
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