Thursday, May 2, 2024
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Tag "US West Texas Intermediate (WTI)"

Oil price falls to $95 a barrel over plans to restore Iran nuclear deal

    Oil price falls to $95 a barrel over plans to restore Iran nuclear deal

Oil prices plunged on Tuesday amid a considerable progression in restoring Iran’s 2015 nuclear deal with world powers.  Brent crude futures, the global oil benchmark, fell $1.3 percent to $95.31

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Oil price tumbles to $109 a barrel amid Biden’s push for petrol tax holiday

    Oil price tumbles to $109 a barrel amid Biden’s push for petrol tax holiday

Oil prices fell amid a push by President Joe Biden to bring down soaring fuel costs in the United States.  On Wednesday, Brent crude futures dropped 4.51 percent to $109.98

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Crude oil price crosses $70 after missile attack on Saudi Arabian facilities

    Crude oil price crosses $70 after missile attack on Saudi Arabian facilities

The price of Brent crude, the grade against which Nigeria’s crude oil is benchmarked, has crossed $70. The US West Texas Intermediate (WTI) was also trading at $66.88 per barrel.

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