WTI

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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WTI oil rallies above $60 per barrel

The WTI oil price jumped back above $60 per barrel today after OPEC kingpin Saudi Arabia and non-cartel producer Russia said they would extend caps on crude output. WTI, the New York benchmark, rallied to $60.13 per barrel around …

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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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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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Brent oil price continue to fall

Oil prices fell to a near-three month low on fears a global economic slowdown would crimp demand.  International Brent crude oil futures were at $65.92 a barrel on the London-based ICE Futures Europe exchange, down 95 cents from …

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Brent oil prices sink

Oil prices sank today as investors’ risk appetite was hampered by trade tensions that could limit demand. Crude tracked losses in global markets after the U.S. and China dispute appeared to move further from resolution. Brent …

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