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Tag "brent crude futures"

Oil price falls below $95 a barrel as China broadens COVID-19 restrictions

    Oil price falls below $95 a barrel as China broadens COVID-19 restrictions

Oil prices fell on Friday, after world’s top crude importer, China, widened its COVID-19 restrictions. Brent crude, global oil benchmark, fell 0.57 percent to $94.50 a barrel, while US West

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Oil price rises above $90 a barrel as US considers interest rate hike

    Oil price rises above $90 a barrel as US considers interest rate hike

Oil prices rose on Friday amid fears of sharp US interest rate hikes affecting global growth and fuel demand. Brent crude futures went up 0.28 percent to $91.09 a barrel

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Brent crude falls below $90 a barrel — the lowest in 7 months

    Brent crude falls below $90 a barrel — the lowest in 7 months

Brent crude, the global benchmark, plunged 3.16 percent to $89.67 a barrel on Wednesday amid imminent recession across western countries.  The new price is the lowest since January 23, 2022.

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Oil price nears $110 a barrel amid fall in US inventories

    Oil price nears $110 a barrel amid fall in US inventories

Global oil prices rose amid a fall in the United States crude inventories. On Thursday, Brent crude futures, the global oil benchmark, increased 1.5 percent to trade at $108.3 a

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Oil price falls to $120 a barrel amid high COVID-19 cases in China’s capital

  Oil price falls to $120 a barrel amid high COVID-19 cases in China’s capital

Global oil prices fell on Monday amid a rise in COVID-19 cases in Beijing, dasing hopes for a swift pick-up

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Oil price hits $115 a barrel — highest in seven weeks

  Oil price hits $115 a barrel — highest in seven weeks

Oil prices rose on Tuesday amid an ongoing push by the European Union for the Russian oil imports ban.  Brent

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Oil price tops $108 a barrel ahead of OPEC+ meeting

  Oil price tops $108 a barrel ahead of OPEC+ meeting

Oil prices rose on Wednesday ahead of the periodic meeting of the Organisation of Petroleum Exporting Countries (OPEC) and its

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Oil prices fall below $105 a barrel amid drop in China’s factory activities

  Oil prices fall below $105 a barrel amid drop in China’s factory activities

Oil prices dropped to $104 a barrel amid oversupply fears triggered by dwindled industrial activities in China, the world’s top

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Oil price drops to $112 a barrel as China’s Shanghai reopens factories

  Oil price drops to $112 a barrel as China’s Shanghai reopens factories

Oil prices, on Tuesday, dropped slightly to $112 a barrel as factories in Shanghai prepared to reopen after a COVID-19

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Oil prices fall below $100 a barrel amid lockdowns in China

  Oil prices fall below $100 a barrel amid lockdowns in China

Oil prices, on Monday, plunged 4 per cent amid concerns that the pandemic will cut demand in China.  Brent crude

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