Search Results for: Brent crude
Oil markets were firm on Monday and remained near multi-month highs reached late last week
September 18th, 2017
Oil markets were firm on Monday and remained near multi-month highs reached late last week as the number of U.S. rigs drilling for new production fell and refineries continued to start up after getting knocked out by Hurricane Harvey. ...
Oil prices eased on Thursday
September 14th, 2017
Oil prices eased on Thursday, but held on to most of their gains in the previous session when the market was buoyed by a forecast for firmer global oil demand by the International Energy Agency. London Brent crude for ...
Oil prices dip as traders assess U.S. hurricane impact
September 12th, 2017
Oil prices edged down in early Asian trading on Tuesday, as traders weighed up the dampening effect on demand of Hurricane Irma versus refinery restarts in the wake of Hurricane Harvey that should lead to more crude oil processing. ...
Oil prices edges up as Saudis discuss extending supply cut
September 11th, 2017
Oil prices edged up on Monday after the Saudi oil minister discussed possibly extending a pact to cut global oil supplies beyond March 2018 with his Venezuelan and Kazakh counterparts. News of the talks on Sunday helped offset downward ...
Oil prices rise on sharp drop in U.S. production as hurricanes bite
September 8th, 2017
Oil prices rose on Friday as U.S. crude production was hit harder by Hurricane Harvey than expected, with the even bigger storm Irma heading for Florida and threatening to cause more disruption to the petroleum industry. U.S. West Texas ...
U.S. oil prices rose on Tuesday
September 5th, 2017
U.S. oil prices rose on Tuesday as the gradual restart of refineries in the Gulf of Mexico that were shut by Hurricane Harvey raised demand for crude, their main feedstock. The return of many U.S. refineries also ended a ...
Oil markets volatile in wake of Hurricane Harvey, North Korea nuclear test
September 4th, 2017
Oil markets were volatile on Monday, with U.S. crude rising on production shutdowns while international Brent was pulled down by a flight into gold futures following a powerful North Korean nuclear test explosion. Meanwhile, U.S. gasoline prices RBc1 slumped ...
Oil markets roiled as Hurricane Harvey hits U.S. petroleum industry
August 28th, 2017
Oil markets were roiled on Monday after Hurricane Harvey wreaked havoc along the U.S. Gulf coast over the weekend, knocking out numerous refineries and some crude production. Gasoline prices hit two-year highs as massive floods caused by the storm ...
Most major indexes in Asia made gains on Thursday
August 24th, 2017
Most major indexes in Asia made gains on Thursday despite Wall Street closing lower after a threat from President Donald Trump about a possible government shutdown. Most Asia markets climb following Wall Street dip on Trump government shutdown threat ...
Oil steady following a 3 percent jump in prices on Friday
August 21st, 2017
Oil steady as market conditions tighten despite rising U.S. output Oil markets were stable on Monday, largely holding on to Friday’s big gains even though rising U.S. output weighed on hopes the market will tighten after a 13 percent ...
