oil prices

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WTI drops as Trump speech cools Iran war worries

Oil futures fell sharply, logging lowest settlement since mid-December, as comments from U.S. President Donald Trump calmed nerves surrounding a potential war with Iran. WTI crude for February delivery CLG20, +0.22% on …

Euro drops below 68 rubles

The euro exchange rate declined below 68 rubles during the yesterday's trading on the Moscow stock exchange. The euro lost 1.23 rubles and was worth 67.925 rubles, while the dollar lost 0.70 rubles and was worth 61.11 rubles on the …

Brent oil hits $70 for first time since September

The oil price rose above $70 a barrel on escalating tensions between the United States, Iran and Iraq and the price of gold surged to a near seven-year high as investors sold shares to buy safe-haven assets. Brent crude futures soared …

Oil jumps following Soleimani's death

Oil prices rose and most major global stock markets declined after the shock of a U.S. attack that killed the most important Iranian military commander, Qassem Soleimani in Iraq late Thursday, Radio Farda reports. Brent crude rose less …

Could US and Iran Tension Impact Oil Prices?

Oil prices are sensitive to geopolitical tension. There’s renewed tension between the US and Iran due to the attack on the US Embassy in Baghdad. The tension could impact oil prices. Market Realist reports in its article  …

Brent oil price to return to $90?

The Brent oil price will return to $90 per barrel, Saxo Bank said in one of its Outrageous Predictions released today. The bank also said that Russia and the OPEC states will announce a new significant reduction of oil output in 2020. …