Tag: brent crude
Asia shares touch two-year top as China plans property boost
SINGORE, – Asian shares started the week by rallying two-year highs on Monday, buoyed by China’s strongest measures yet to address its property crisis and [Read more about this post…]
Oil trades higher after US crude inventories register sharp fall, dollar caps gains; Brent at $83/bbl
Oil prices rebounded and traded higher on Wednesday, May 9, after the US oil storage data showed a larger-than-expected draw in crude stockpiles as refiners [Read more about this post…]
Oil extends losses after easing supply concerns counter Middle East risk premium; Brent at $82/bbl
Also Read: Brent, WTI shed 6% as oil heads for steepest weekly drop in 3 months: What’s cooling down the commodity? Brent crude futures dropped [Read more about this post…]
Oil settles at 2-month high on US macro data; Brent, WTI score biggest weekly gain since Israel-Hamas war
Brent crude futures rose $1.12, or 1.4 per cent, to settle at $83.55 a barrel, their highest close since November 30. US West Texas Intermediate [Read more about this post…]
Oil prices rise 2% driven by Red Sea tensions, US crude stock draw; Brent reaches $81/bbl
Oil prices rose on Thursday, January 25, after data showed US crude stockpiles fell more than expected last week and a fresh attack by Houthi [Read more about this post…]
Oil pares gains as traders assess mixed signals on supply after IEA, OPEC revisions; Brent back to $79/bbl
Oil prices fell on Tuesday, January 23, paring some of the previous day’s gains, as traders weighed rising crude supply in Libya and Norway against [Read more about this post…]
Oil scores weekly gain as Middle East crisis offsets China demand concerns; Brent settles lower at $78/bbl
Brent futures settled 54 cents lower at $78.56 a barrel. US West Texas Intermediate crude fell 67 cents to settle at $73.41. For the week, [Read more about this post…]
Oil drops 1% on sluggish Chinese economic recovery, stronger US dollar; Brent at $77/bbl
Brent crude futures fell 82 cents, or 1.1 per cent, to $77.47 a barrel. US West Texas Intermediate crude futures (WTI) were down 51 cents, [Read more about this post…]
Oil prices up $2 on supply disruption fears after latest Red Sea attack; Brent over $77/bbl
Oil prices rose in the first session of the new year, boosted by potential disruption to Middle Eastern supply after the latest attack on a [Read more about this post…]
Oil reports biggest annual drop since 2020, declines 10% in 2023 on demand-supply concerns; Brent sits at $77/bbl
Crude futures lost over 10 per cent in 2023 in a volatile year of trading and reported their biggest annual drop since 2020, marked by [Read more about this post…]
