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Tag "Brent"

Oil prices fall below $110 a barrel amid diplomatic talks to end Ukraine war

    Oil prices fall below $110 a barrel amid diplomatic talks to end Ukraine war

Oil prices dropped three percent on Monday amid reinforced diplomatic efforts to end the Russia-Ukraine crisis.  At 09.08 GMT+1, Brent crude, the global oil benchmark, shed 3.20 percent, trading at

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Oil price tops $80 per barrel for first time in three years

    Oil price tops $80 per barrel for first time in three years

Oil prices continued to surge as Brent crude, global oil benchmark, climbed a three-year high amid increasing demand for the commodity. At 11.25 am Tuesday, Brent crude climbed 0.86 percent

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Oil price falls for sixth consecutive day amid spike in fresh COVID-19 cases

    Oil price falls for sixth consecutive day amid spike in fresh COVID-19 cases

Crude oil prices have dropped for the sixth consecutive day — longest losing streak since February 2020 — amid spike in fresh COVID-19 cases globally. Brent, the global oil benchmark,

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Oil prices rise after steep drop in US inventory

    Oil prices rise after steep drop in US inventory

Oil prices rose after crude stockpiles in the United States, the world’s top oil consumer, fell to their lowest since January 2020. Brent crude oil futures, the global oil benchmark,

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Oil prices hit highest levels in years on improved demand

  Oil prices hit highest levels in years on improved demand

Oil prices continued an upward trend on Wednesday as confidence in the outlook continues to grow on the back of

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Oil prices maintain upward trend, hit $62

  Oil prices maintain upward trend, hit $62

Oil prices hit their highest levels early on Monday as markets tightened, while Saudi Arabia’s crown prince cemented his power

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Oil jumps to $52 as Saudi, Russia agree to extend deal till 2018

  Oil jumps to $52 as Saudi, Russia agree to extend deal till 2018

Oil prices began the week on a positive note, as Saudi Arabia and Russia, the world’s largest producers, agreed to

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Oil price jumps to $56 after US missiles hit Syria

  Oil price jumps to $56 after US missiles hit Syria

Oil price went to a one-month high on Friday after the United States attacked a Syrian government airbase, killing six

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Oil closes in on 2016 budget benchmark, as WTI falls below $40

  Oil closes in on 2016 budget benchmark, as WTI falls below $40

US oil – West Texas Intermediate – fell below $40 per barrel for the first time since April, as Brent

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Niger Delta militants push global oil prices to $50 – highest in 2016

  Niger Delta militants push global oil prices to $50 – highest in 2016

Oil prices eventually rose to a 2016 high on Thursday morning, hitting the highly anticipated $50 a barrel mark, following

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