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Tag "WTI Crude"

Crude oil trades at $62 — highest in 13 months

    Crude oil trades at $62 — highest in 13 months

Oil prices jumped again by 2.49 percent on Friday, hitting a fresh 13-month peak, and surpassing the $60 high set earlier this week. Brent Crude, the international oil benchmark, traded

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Nigeria’s oil revenue gets boost as price hits $57 — highest in one year

    Nigeria’s oil revenue gets boost as price hits $57 — highest in one year

Nigeria’s revenue is set to get a boost as crude oil prices continued to rally on Tuesday, hitting the highest level in nearly 12 months. During early Tuesday trading, Brent

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Oil prices hit 11-month high on Saudi oil cut

    Oil prices hit 11-month high on Saudi oil cut

Oil prices on Wednesday touched its highest level since February on the back of  Saudi Arabia’s production cut and United States (US) crude inventory decline. Brent crude, the international benchmark,

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Oil prices slip nearly 2% as new virus strain dashes recovery hopes

    Oil prices slip nearly 2% as new virus strain dashes recovery hopes

Oil prices dropped nearly 2 percent on Tuesday as a new strain of the novel coronavirus in the United Kingdom (UK) triggered concerns over fuel demand recovery. Brent crude was

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Oil prices surge above $50 as US stockpiles shrink

  Oil prices surge above $50 as US stockpiles shrink

Oil prices extend its gains Thursday morning to a nine-month high at $51.06 after United States (US) crude stockpiles declined

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Oil prices hit $50 on COVID-19 vaccine rollout

  Oil prices hit $50 on COVID-19 vaccine rollout

Oil prices touched their highest level since March on Thursday, as hopes of swifter-than-thought vaccine rollout fueled bullish expectations of

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