Oil prices were mixed on Tuesday. Brent futures rose close to $80 a barrel level on Tuesday, adding $0.35, or 0.4%, on concerns that decreasing Venezuelan crude output and a potential decline in Iranian exports could further reduce global supply. Brent crude settled at $79.57 a barrel. WTI futures slightly fell due to expectations that OPEC may raise supplies as early as June, to settle at $72.20 a barrel.
read more... 23/05/2018
Oil prices surged on Tuesday on concerns that U.S. sanctions on Iran might limit crude exports from one of the most important producers in the Middle East. Brent futures added $0.2, or 0.3%, to close at $78.43 a barrel. WTI crude gained $0.35, or 0.5%, to end to $71.31.
read more... 16/05/2018
Oil prices declined on Friday, retreating after previous gains as U.S. allies are likely to insist in preserving an agreement with Iran, which could maintain country's crude exports on global markets. Brent crude was 35 cents, or 0.5% down at $77.12 a barrel. WTI futures lost 1% to close at $70.70 a barrel.
read more... 14/05/2018
Oil prices surged on Thursday, as US sanctions are most likely to affect oil flows from the major exporter Iran.
read more... 11/05/2018
Oil prices jumped on Wednesday due to a decline in U.S. crude inventories and after sources announced that top exporter Saudi Arabia wishes to see the oil price close to $100 a barrel. Brent crude added $1.90, or 2.7 percent, to end at $73.48 a barrel. WTI futures were $1.95, or 2.9 percent, up at $68.47 a barrel, their highest level since late 2014.
read more... 19/04/2018