Brent

Oil prices steady, set for weekly gain

Oil prices were steady today, with crude benchmarks poised for multi-week gains amid a sharp drawdown in U.S. crude inventories, while trade tensions eased after Washington and Beijing agreed to hold high-level talks next month. …

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Oil slumps to new seven-month low

Oil prices fell further today, extending recent heavy losses as deepening U.S.-China trade tensions weighed on the outlook for the global economy and energy demand. Brent crude futures were down $1.04 (1.75%) at $57.90 a barrel by …

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Brent oil slips below $59

Oil prices slipped this morning as ongoing Sino-U.S. trade war sparked concerns over demand. WTI futures slipped 0.1% to $53.59 by 08:16 Moscow Time (05:16 GMT). International Brent also slipped 0.1% to $58.86. The …

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Oil prices climb on short-covering after decline

Oil prices rose more than 1% this morning as traders betting on falling prices bought back contracts to lock in profits after declines over the last three sessions due to the escalating trade tensions between China and United States. …

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Brent prices below $61

  Brent oil futures with delivery in October 2019 fell by 6.24% to $60.6 a barrel on the London-based ICE yesterday evening, according to trading data. Brent prices were below $60 per barrel last time on June 19 of …

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Brent oil climbs to $66.1

Oil prices rose to a four-week high this morning after industry data showed a big drop in U.S. crude stockpiles and amid escalating tensions between Washington and Tehran. Brent crude futures rose to $66.1 per barrel at 07:25 MSK, up …

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 Oil prices slip, but still propelled to gain for week

Oil prices reversed earlier gains this morning but benchmark Brent crude was still set for its first weekly gain in five weeks amid rising tensions in the Middle East and on hopes for a drop in U.S. interest rates that may stimulate global …

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Dollar sets new anti-record of 2019

The dollar exchange rate dropped to 63.31 rubles during the today's trading on the Moscow stock exchange. Yesterday the dollar was worth 63.91 rubles. Oil jumped more than 3% to above $63 a barrel today after Iran …

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Oil prices jump after Gulf of Oman tanker 'attacks'

Crude prices climbed sharply today amid reports of an attack on oil tankers in the Gulf of Oman. Brent crude, the global benchmark, was up 3% at $61.76 a barrel on London’s ICE Futures exchange. On the New York Mercantile …

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 Oil prices fall 3%

Oil prices fell 3% today, weighed down by a weaker demand outlook and a rise in U.S. crude inventories despite growing expectations of ongoing OPEC-led supply cuts. Brent crude futures were down more than 3%, at $60.61 a barrel, …

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Brent oil falls below $60 for first time since January

Brent crude was trading at $60.78 a barrel at 6:30 a.m. London time today, up 15 cents and still far from its four-year high of more than $80 last fall.  Yesterday, Brent oil price fell bellow $60 per barrel for the first time …

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Oil price drops back to $60

Oil prices fell today amid a global economic slowdown that is starting to hit oil demand, triggering calls in producer club OPEC for supply cuts to be extended. Brent crude futures, the international benchmark for oil prices, were …

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