Brent

Brent oil price exceeds $68 first since November

The cost of the futures contracts of Brent crude oil for May 2019 delivery gained 0.71% amounting to $68.03 per barrel on London's ICE as of 11:10 a.m. Moscow time today, according to the trading data. The cost of Brent crude oil …

Read
Oil prices tick over near 2019 highs

Oil prices hovered close to 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were prevented from rising further by slowing growth in the global economy. WTI crude oil futures were …

Read
Brent oil exceeds $64 for first time since November

International Brent crude oil futures were up 0.66% at $64.03 per barrel for the first time since November 21, 2018. WTI crude futures for March delivery were at $54.21 per barrel, up 0.58%, from their last settlement, RIA Novosti …

Read
 Brent and WTI oil prices decline

Oil prices fell by around 1% on Monday as drilling activity in the United States, the world’s largest oil producer, picked up and financial markets were pulled down by trade concerns. Brent crude oil futures were down 49 cents …

Read
European Commission sharply lowers oil prices forecasts

The European Commission has lowered its forecasts for Brent oil prices in 2019-2020 in its Winter 2019 interim report. Based on futures markets, an average Brent oil price of $61 per barrel is now assumed in 2019 and 2020, according to …

Read
Oil prices drops below $61.5

Oil prices fell sharply today as a report showed a rise in U.S. inventories and fears about the impact of sanctions on Venezuela started to fade. Global benchmark Brent crude dropped nearly 1% to $61.39 a barrel while WTI futures were …

Read
Venezuelan sanctions push oil higher

Oil prices advanced on Tuesday in Asia as investors weighed renewed Sino-U.S. tension and sanctions against Venezuela’s state-owned oil company PDVSA. Crude oil WTI futures were up 0.9% to $52.48 per barrel by 1:09 AM ET (6:09 …

Read
Brent oil exceeds $61

Oil prices rose after a report from OPEC showed its production fell sharply last month, easing fears about prolonged oversupply. International Brent crude oil futures were up 54 cents, or 0.9%, at $61.72 per barrel. WTI crude futures …

Read
Brent oil exceeds $62

Brent crude contracts for March delivery were marked 61 cents higher from their Thursday close in New York and changing hands at $62.29 per barrel, the highest since late November. WTI contracts for February were marked 58 cents higher …

Read
Brent exceeds $60 per barrel after New Year panic

International Brent crude futures climbed back to $60 per barrel today, with OPEC cutting output and on easing concerns over weak demand growth. Around 0940 GMT, Brent crude for delivery in March hit $60 for the first time in 3.5 weeks …

Read
Brent and WTI jump almost 3%

Oil prices rose by almost 3% on Monday on hopes that talks in Beijing can resolve a trade war between the United States and China, while supply cuts by major producers also supported crude. As of 13:57 Moscow time, Brent jumped 2.77% to …

Read
Oil prices rise, but oversupply worries persist

Oil prices jumped as much as 3% today, but growth in U.S. crude stockpiles and ongoing concerns about the global economy kept markets under pressure. Brent crude was up $1.18 (2.26%) at $53.34 a barrel at 0219 GMT, having earlier risen …

Read
Oil prices have yet to recover from losses

Oil prices were mixed in thin trading this morning as the U.S. benchmark rebounded from steep losses in the previous session, even though concern over the health of the global economy continued to overshadow the market in the longer term. …

Read

Populars