Tag: U.S. West Texas Intermediate (WTI)
Oil prices declined on Friday with Brent slipping away from the 70 dollars mark reached the previous day, but both main contracts were set for weekly gains due to mounting geopolitical risks. Brent crude futures ...
Oil prices slipped a second day on Thursday with Brent edging down further from the 70 dollars mark after weekly U.S. oil data showed a surprise build in crude inventories and record production. Brent futures ...
Oil hovered slightly below 2019 peaks on Friday, propped up by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on Iran and Venezuela. Concerns that an economic slowdown might soon impact ...
Oil prices dropped on Friday as clouds gathered over the global economy after the European Central Bank (ECB) warned overnight of continued weakness and fresh data showed Chinese exports and imports slumped last month. With ...
Oil prices fell on Tuesday as China cut its 2019 economic growth target, dimming the outlook for fuel demand, although OPEC-led efforts to cut output still offered some support. U.S. West Texas Intermediate (WTI) crude ...
Oil prices rose on Monday, buoyed by output cuts by OPEC and reports that the United States and China are close to a deal to end a year-long tariff row. International Brent futures were at ...
Oil inched lower on Tuesday to extend losses of more than three per cent from the previous session, easing after U.S. President Donald Trump called on OPEC to rein in its efforts to boost prices. ...
Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC to withhold supply and tighten ...
Oil prices slipped away from 2019 highs on Wednesday, with surging U.S. supply and slowing economic growth tempering upward pressure from supply cuts led by producer club OPEC and from Washington’s sanctions on Iran and ...
Oil prices rose to their highest levels since November 2018 on Monday, lifted by OPEC-led supply cuts and U.S. sanctions on Iran and Venezuela. U.S. West Texas Intermediate (WTI) crude oil futures pushed through 56 ...
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