Oil prices surged on Tuesday, backed by the probability of supply interruption and a strong equities market, compensating the effects of profit-taking after last week's upward trend to three-year peaks. Brent crude added 16 cents, or 0.22%, to close at $71.58 a barrel. WTI futures soared by 0.5% to settle at $66.52.
read more... 18/04/2018
Oil prices fell on Monday following a higher U.S. drilling activity and due to worries related to increasing tensions in the Middle East after air strikes on Syria over the weekend. Brent futures lost $1.16, or 1.6%, to end at $71.42 a barrel. WTI crude slumped by 1.7% to $66.22 a barrel.
read more... 17/04/2018
Oil prices were mixed on Thursday. Brent futures fell from peaks last reached in late 2014 due to a stronger dollar, while WTI crude rose on worries over a military clash in Syria. Brent crude ended 4 cents, or 0.1%, down at $72.02 per barrel. WTI futures edged 0.4% higher at $67.07 per barrel.
read more... 13/04/2018
Oil prices hiked on Wednesday, reaching a new high after Saudi Arabia announced it intercepted missiles over Riyadh and U.S. President Donald Trump averted Russia of forthcoming military movement. Brent added $1.02, or 1.4%, to close at $72.06 a barrel. WTI futures rose by 2% to end at $66.82 a barrel.
read more... 12/04/2018
Oil prices hiked on Tuesday as Wall Street grew sharply worried over possible military movements in the Middle East. Brent crude futures hit their peaks since 2014 adding $2.39, or 3.5%, to close at $71.04 a barrel. WTI futures rose by 3.3% to end at $65.51 a barrel.
read more... 11/04/2018