oil prices

Brent oil price rises by 3.5%

The cost of futures for Brent crude oil with settlement in May 2020 increased by 3.5% to $28.1 per barrel in the course of trading on the ICE Exchange in London, according to the data of the trading site as of 04:28 Moscow time. At …

Oil prices rise, Brent reaches $28

Oil prices rose around 4% on Tuesday on hopes that the United States will soon reach a deal on a $2 trillion coronavirus aid package that could blunt the economic impact of the outbreak and in turn support oil demand. Brent crude oil …

Brent oil down as market awaits Trump's intervention

Brent crude oil was down at the start the week on Monday as the global oil market awaits U.S. President Donald Trump's call for intervention in the Saudi-Russian price war. The international benchmark was trading at …

Dollar exchange rate exceeds 79 rubles

The Russian ruble weakened against the dollar this morning, trading more than 79 per dollar, according to data from the Moscow Exchange. The dollar exchange rate has exceeded the 79 ruble mark for the first time since February …

Oil prices jump as recent sharp falls draw investors

Oil prices rose more than $1 this morning as the recent sharp falls due to the coronavirus pandemic encouraged bargain hunters to come forward, although the market remains volatile as the spread of the infection disrupts economies and hurts …

Brent oil drops amid coronavirus outbreak

Oil prices fell on Monday despite efforts from global central banks and governments to combat the impact caused by the novel coronavirus outbreak. International Brent oil futures plunged 4.2% to $32.42 by 2:00 AM ET (06:00 GMT). …