Oil Steadies as Mideast Tensions Vie With Libyan Supply Outlook
Brent for December traded near USD 72 a barrel after closing slightly higher on Monday, with West Texas Intermediate surpassing USD 68. Israel’s military announced...
Tag : West Texas Intermediate (WTI)
Oil Heads for Deep Weekly Loss on Prospects for Jump in Supply
Brent crude approached the USD 71 per barrel mark and is down by more than 4% for the week, while West Texas Intermediate is trading...
Oil Prices Surged on Middle East Tensions and China Policy Optimism
Brent crude increased to over USD 74 a barrel on Tuesday, following a 0.8% drop on Monday, while West Texas Intermediate was close to USD...
Oil Prices on Track for Near 4% Weekly Decline On-Demand Concerns
Oil prices fell on Friday and are set to lose nearly 4 per cent this week as the prospect of higher interest rates, slowing global...
Oil Prices Decline as Traders Weigh Prospect of EU Ban on Russian Oil
On Tuesday, Oil prices had reported after a jump in the prior session, as traders are weighing the prospect of a European Union (EU) ban...
Oil Futures Grew Higher on IEA Supply Warning
Oil futures advanced in early trading after the International Energy Agency (IEA) said a fall in oil demand due to higher prices will not offset...
Oil Prices Fall After Increases in Crude Oil
On Wednesday, Oil prices fell after industry data showed crude oil stockpiles rose more than expected, and fuel inventories unexpectedly increased last week in the...
Oil Climbs US Crude Stocks Boosts Demand
Oil prices climbed on June 24 after a sharp reduction in the United States crude and gasoline stocks reinforced optimism of a quick recovery in...
Oil Falls About 2% From Multi-Year Highs
Crude oil prices fell about 2 per cent from their highest level in the year on June 17 as the dollar strengthened after the US...