Brent oil prices held steady near five-month highs, and were on track for the highest weekly rise since the end of July on higher demand forecasts and the restart of oil-hungry refineries in the United States, Reuters reports. The …
Oil prices on Wednesday held on to gains from the day prior on fears of potential damage to U.S. oil production from Hurricane Irma, as well as renewed demand for crude from restarted refineries in the Gulf Coast, Market Watch …
They are influenced by Hurricane Harvey and America’s refining capacity cut
The price of WTI crude reached the mark above $46 per barrel, data of today's tradings at the Intercontinental Exchange (ICE) showed. The cost of October futures raised to $46.08 per barrel. …
The cost of October futures for Brent oil increased by 0.71% to $52.41 per barrel on the ICE Exchange in London. October futures for WTI oil gained 0.70% and reached $52.41 per barrel at the New York Mercantile Exchange …
U.S. shale oil producers are now a low-cost global competitor
Oil futures headed modestly lower on Monday, with continued concerns over a supply glut keeping prices under pressure after reports last week showed a rise in OPEC oil production. As of 14:42 (MSK), Brent oil for October declined 0.69% …
Oil prices fell on Friday, dragged lower by persistent oversupply worries despite a bigger-than-expected drawdown in U.S. crude inventories. Brent crude was at $51.62 a barrel at 0652 GMT, down 28 cents (0.54%) from its last close. That …
Oil futures rose today after official figures showing U.S. crude inventories fell more than expected. The prices of October futures for Brent oil have risen by $0.43 (0.8%) to $53.12 per barrel on the ICE Exchange in London, which is …
The prices of futures for Brent oil have risen to $52.1 per barrel on the ICE Exchange in London. The September futures for WTI oil reached $49.19 per barrel at the New York Mercantile Exchange (NYMEX), Gazeta.ru reported. …
The cost of the October futures of Brent crude oil on London's ICE trading decreased by 0.92% to $51.88 per barrel yesterday evening. The cost of the September futures of WTI decreased by 1.41% to $48.89 per barrel at the New …
The prices of September futures for Brent oil have risen by 0.25% to $52.65 per dollar on the ICE Exchange in London, yesterday evening, The September futures for WTI oil gained 0.93% and reached $50.17 per barrel at the New York …
Oil prices edged lower on Friday but were still near eight-week highs, buoyed by a decline in U.S. inventories and OPEC's ongoing efforts to curb production. Brent crude futures were down 0.19 percent, at $51.39 per barrel, as of …
September futures for WTI rose 0.49% to $48.99 per barrel on the New York Mercantile Exchange (NYMEX) yesterday evening. The prices of September futures for Brent oil have risen by 0.98% to $51.47 per barrel on the ICE Exchange in …
Oil prices won’t start to rally until we start seeing real, tangible declines in inventories
Oil prices fell more than 2% today after data showed U.S. production rose last week just as OPEC exports hit a 2017 high, casting doubt on efforts by producers to curb oversupply. Global benchmark Brent futures were down $1.07, or 2.2%, …
Crude oil prices come under pressure from doubts over whether or not there's an enduring appetite to voluntarily keep production levels lower
