Friday, April 19, 2024
MARKET UPDATE
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Tag "US West Texas Intermediate (WTI)"

Brent crude falls by 3%, sells at $74 per barrel

    Brent crude falls by 3%, sells at $74 per barrel

Brent crude, global oil benchmark, fell by 3.48 percent to $74.32 a barrel on Wednesday — plunging to the lowest since June 2023. The price of Brent crude had closed

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Oil price nears $95 a barrel amid fears of supply deficit

    Oil price nears $95 a barrel amid fears of supply deficit

Oil price, on Monday, recorded an upswing to nearly $95 a barrel. Brent crude rose 0.38 percent to $94.30 a barrel by 11.14 WAT, while US West Texas Intermediate crude

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Oil price rises to $89 a barrel — first time in 10 months

    Oil price rises to $89 a barrel — first time in 10 months

Oil price, on Monday, rose to a record high, nearly hitting the $90 a barrel mark. Brent crude, the global oil benchmark, rose to $89.03 — the first time in

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Fears of tighter global supply push oil price to $83 a barrel

    Fears of tighter global supply push oil price to $83 a barrel

Oil price, on Thursday, rose to $83 a barrel. Brent crude, the global oil benchmark, rose 0.75 percent to trade at $83 a barrel, while the US West Texas Intermediate

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Oil price rises to $77 a barrel — first time in six weeks

  Oil price rises to $77 a barrel — first time in six weeks

Oil prices rose marginally on Friday amid supply concerns in the global oil market. Brent crude rose by 1.7 percent

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Oil price rises to $76 a barrel ahead of OPEC+ meeting

  Oil price rises to $76 a barrel ahead of OPEC+ meeting

Oil prices rose on Friday ahead of the meeting of the Organisation of Petroleum Exporting Countries (OPEC) ministers and their

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Oil price nears $85 a barrel amid potential shrink in Russian oil supply

  Oil price nears $85 a barrel amid potential shrink in Russian oil supply

Oil price rose on Friday on hopes that Russian crude oil supplies will drop. Brent crude was up by 2.63

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OPEC+ agrees to keep 2m bpd production quota

  OPEC+ agrees to keep 2m bpd production quota

The Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, agreed to maintain the current 2 million

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Oil price tops $98 a barrel — first time in two months

  Oil price tops $98 a barrel — first time in two months

Oil prices edged higher on Friday as the dollar eased and supply risks lingered. Brent crude climbed 4.02 percent  to

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Oil price nears $90 a barrel as dollar weakens

  Oil price nears $90 a barrel as dollar weakens

Oil prices jumped on Friday, bolstered by a weaker US dollar. Brent crude climbed 0.69 percent to $87.94 a barrel,

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