Nigerian crude takes new hit as buyers turn to cheaper Russian grade
Traders are flocking to the Urals crude blend because they see the Nigerian grades as relatively pricey, with traders reluctant ...
Tag: WTI
Oil drops as China cuts economic growth target
Optimism that the U.S. and China will soon end their bitter trade disputes has offered some support.
Oil prices rise after Libya declares force majeure on some supplies
OPEC’s June output was 32.32 million barrels per day.
Oil prices rise amidst uncertainty over Libyan crude exports
Traders said prices were mostly driven higher by uncertainty around oil exports by Libya.
Oil price hits two months high $53
Brent crude futures were 52.90 dollars per barrel earlier in the day, their highest since May 25.