Tag: U.S. West Texas Intermediate (WTI)

The prices fell more than 1 per cent, ending three days of gains. Brent crude futures for October settlement declined ...

Russia is the world's second-largest oil producer, mostly selling its crude to European refineries.

U.S. West Texas Intermediate crude futures rose 90 cents, or 1.1 per cent to $83.18 a barrel, after hitting $83.73, ...

The oil sector regulator explains why the government will ignore the rise of crude oil prices globally.

All eyes will now be on driving activity in the U.S. and how quickly producers revive shut-in production, analysts said.

The trade war between the world’s two biggest economies has slowed economic growth around the world.

U.S. crude inventories fell 1.7 million barrels in the week ended October 18, against analyst expectations of a 2.2 million ...

Oil’s drop came despite a bigger-than-expected decline in U.S. inventories and a fall in OPEC production in July, typically bullish ...

Analysts said the gains were mainly driven by American Petroleum Institute (API) data showing a fall in U.S. crude inventories.

Also sapping prices was the dim outlook for oil demand growth in 2019 projected by the International Energy Agency.

Brent crude futures, the international benchmark for oil prices, were at $69.77 per barrel at 1016 GMT, down $1.22 from ...

The United States on Monday demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions.

Brent crude oil futures were at $66.73 per barrel at 0752 GMT.

Crude markets remain broadly supported by supply cuts led by producer group OPEC and U.S. sanctions against Iran and Venezuela.

OPEC to meet in April to appraise impact of output cut so far

Hopes of an end to the trade spat between the two world’s biggest economies added support to a market that ...

International Brent crude futures were at 65.65 dollars per barrel, up 44 cents, or 0.7 per cent from their last ...

OPEC oil supply fell in January by the largest amount in two years despite sluggish production declines from Russia, according ...

OPEC-led supply cuts also tightened the markets.

The OPEC meeting is expected to result in a supply cut aimed at draining the oil glut.

With oil prices soaring, there are concerns over their inflationary effect on demand growth.

The price jump is arising from events in Iran and Venezuela.

Spot Brent crude oil futures were at 70 dollars a barrel at 0102 GMT, up 4 cents from their last ...

There is expectation of lower US crude stocks.