Tag: crude oil prices trending
Brent, WTI shed 6% as oil heads for steepest weekly drop in 3 months: What’s cooling down the commodity?
Brent crude futures for July were last down 29 cents, or 0.35 per cent, to $83.38 a barrel. US West Texas Intermediate crude for June [Read more about this post…]
Oil crawls back towards 7-week low-mark after US Fed keeps rates at 23-year high; Brent at $83/bbl
Oil edged back towards the previous day’s seven-week low-mark on Thursday, May 2, paring earlier gains, after US data pointed to persistent labour market strength [Read more about this post…]
Oil plunges to 7-week low ahead of US Fed verdict; Brent dips to $83/bbl in oversold territory
Oil prices plunged three per cent to hit a seven-week low on Wednesday, May 1, on a surprise build in US crude stocks ahead of [Read more about this post…]
Oil extends losses on easing Middle East tensions, slower US biz activity; Brent steady at $88/bbl
Oil prices were moderately lower on Wednesday, April 24, as worries over conflict in the Middle East eased and business activity in the world’s largest [Read more about this post…]
Oil rises $1 as US dollar slips to one-week low, investors shift focus to global economy; Brent at $88/bbl
Oil prices rose a dollar a barrel on Tuesday, April 23, as the US dollar index fell to its lowest in over a week and [Read more about this post…]