Search Results for: crude prices
Oil prices eased on Friday after hitting their highest levels since December, 2014 the previous day
January 12th, 2018
Oil prices eased on Friday after hitting their highest levels since December, 2014 the previous day. Although analysts and traders have been warning of the risks of a downward price correction since the start of the year, they point ...
U.S. oil prices hit highest since 2015
January 9th, 2018
U.S. oil prices hit their highest since 2015 again on Tuesday as speculators bet on further price rises amid OPEC-led production cuts and a dip in American drilling activity, though some warned the rally could run out of steam. ...
Oil prices close to mid-2015 highs, but doubts over further rises loom
January 3rd, 2018
Oil prices were stable on Wednesday, not far off mid-2015 highs reached the previous session, as strong demand and ongoing efforts led by OPEC and Russia to curb production tightened the market. U.S. West Texas Intermediate (WTI) crude futures ...
U.S. oil prices hit highest since mid-2015
December 29th, 2017
U.S. oil prices hit their highest levels since mid-2015 on the final trading day of the year as an unexpected fall in American production and a fall in commercial crude inventories stoked buying. In international markets, Brent crude oil ...
Oil prices near 2015 highs on tight market
December 28th, 2017
Oil prices were stable on Thursday with trading activity drying up ahead of the New Year weekend. Heading into 2018, traders said market conditions were relatively tight due to ongoing supply cuts led by the Middle East-dominated Organization of ...
Agricultural commodity prices to fall again in 2018, says Goldman Sachs
December 27th, 2017
Agricultural commodity prices, on course for a third successive year of decline, are on course for a fourth, Goldman Sachs said, even as it lifted its forecast for cotton prices. The investment bank forecast commodity returns overall, as measured ...
Oil prices dipped
December 21st, 2017
Oil prices dipped on Thursday as soaring U.S. output, fast approaching 10 million barrels per day (bpd), outweighed a drop in American crude inventories. U.S. West Texas Intermediate (WTI) crude futures were at $58.02 a barrel at 0540 GMT, ...
Gas prices rise in freezing Europe
December 13th, 2017
Energy markets were shocked Tuesday by the closure of a pipeline in the North Sea and a major explosion at a facility in Austria that helps move natural gas from Russia. The price of both crude oil and natural ...
Oil prices surge to over $65 for the first time in over 2 years
December 12th, 2017
Brent crude has surged to its highest level since June 2015, trading above $65.00 per barrel. Earlier this month, The Organization for Petroleum Exporting Countries (OPEC) and non-member states, led by Russia, struck a deal to extend production cuts ...
Early Oil Prices Review; Oil Prices Fell
December 11th, 2017
Oil prices fell on Monday as last week’s rise in the U.S. rig count pointed to a further increase in American production that could undermine OPEC-led efforts to tighten markets. A statement by Kuwait’s oil minister that OPEC and ...
