Search Results for: Crude oil prices
Oil prices rose on Monday as markets reacted to news
May 21st, 2018
Oil prices rose on Monday as markets reacted to news that China and the United States have put a looming trade war between the world’s two biggest economies “on hold”. Brent crude futures were at $79.13 per barrel at ...
Europe: Oil stocks buoy European shares as US pulls out of Iran deal
May 10th, 2018
European shares were supported on Wednesday by strength in oil stocks after US President Donald Trump pulled the United States out of Iran’s nuclear agreement, boosting crude prices. While some solid earnings updates also provided support, shares in companies ...
Oil prices reach highest since November 2014
May 7th, 2018
U.S. oil prices rose above $70 a barrel on Monday for the first time since November 2014 while Brent crude prices climbed to fresh highs, as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supplies. ...
Oil prices hold steady
May 4th, 2018
Oil prices held steady on Friday after shedding earlier gains, as market jitters kicked in over the prospect of geopolitical risks from possible new U.S. sanctions against Iran. U.S. West Texas Intermediate (WTI) crude futures were trading 1 cent ...
Oil steady as U.S. drilling tempers bullish sentiment
April 23rd, 2018
Oil prices were steady on Monday as a rising U.S. rig count pointed to further increases in American output, marking one of the few factors tamping back crude in an otherwise bullish environment. Brent crude oil futures were at ...
Oil prices rise amid risk of supply disruptions
April 17th, 2018
Oil prices rose on Tuesday amid worries there could be a high risk of disruptions to supply, especially in the Middle East. Brent crude oil futures were at $71.75 per barrel at 0646 GMT, up 33 cents, or 0.5 ...
Oil prices dips on rising U.S. supplies, market still tense on conflict in Syria
April 11th, 2018
Oil prices on Wednesday eased away from 2014 highs reached the previous session as escalating Middle East tensions were offset by increasing inventories and production in the United States. Brent crude futures LCOc1 rose to $70.78 per barrel at ...
Oil prices rise as OPEC seen continuing supply cuts through 2018
March 29th, 2018
Oil prices rose on Thursday as the producer cartel OPEC and other suppliers look set to continue withholding output for the rest of the year and potentially into 2019. U.S. WTI crude futures CLc1 were at $64.62 a barrel ...
Oil prices reversed earlier gains on Monday
March 26th, 2018
Oil prices reversed earlier gains on Monday as concerns of a looming trade dispute between the United States and China weighed on global markets. The possibility of a full-blown trade war between the United States and China battered Asian ...
Early Market Review: Oil prices fell as on Monday reversed increases last Friday
March 19th, 2018
Oil prices fell on Monday as increased drilling in the United States pointed to more output, raising concerns about a return of oversupply. U.S. West Texas Intermediate (WTI) crude futures were at $62.02 a barrel at 0350 GMT, down ...