WTI

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 …

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 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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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. …

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WTI and Brent prices plunge 6%

Oil prices plunged more than 6% to the lowest level in more than a year yesterday, pulling back sharply late in the session as fears of an economic slowdown rattled the market. WTI and Brent hit their lowest levels since 2017 during the …

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How much low will oil go?

Oil prices fell to their lowest since the third quarter of 2017 today, heading for losses of more than 10% in a week, as global oversupply kept buyers away from the market ahead of the long festive break. Brent crude fell 77 cents to a …

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Oil prices extend slide to lowest level in over a year

Oil prices fell about 3% today, heading back towards their lowest levels for more than a year on worries about oversupply and the outlook for energy demand as stock markets tumbled following a U.S. interest rate rise. WTI oil fell $1.61 …

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Brent oil rebounds on hints of stabilization in markets

Global benchmark Brent crude futures rose 23 cents (0.4%) at $56.49 per barrel by 0443 GMT. It dropped 5.6% on Tuesday, at one point hitting a 14-month low. WTI climbed 4 cents (0.09%) to $46.28 per barrel, after plunging 7.3% the …

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