Oil prices remained steady on Tuesday while traders awaited Israel's response to an Iranian attack on its territory over the weekend. Brent crude settled at $90.02 a barrel, while WTI crude stagnated at $85.36 a barrel.
read more... 17/04/2024
Oil prices fell slightly on Monday as the Iranian attack on Israel appeared to be less destructive than anticipated. Brent crude decreased by 0.4% to $90.10 a barrel, while WTI crude experienced a 0.3% drop to settle at $85.41 a barrel.
read more... 16/04/2024
Oil prices rose on Friday to their highest level in more than five months, boosted by the prospect of an Iranian retaliation against Israel and the possibility of a disruption in the supply of black gold. Brent crude increased by 1% to $90.45 a barrel, while WTI crude experienced a similar 1% rise to $85.66 a barrel.
read more... 15/04/2024
Oil prices rose by $1 on Wednesday following the news that three sons of a Hamas leader were killed in an Israeli airstrike in the Gaza Strip. This development raised concerns that ceasefire negotiations could face obstacles. Hence, Brent crude settled at $90.48 a barrel, while WTI crude ended at $86.21 a barrel. Oil prices rose by $1 on Wednesday following the news that three sons of a Hamas leader were killed in an Israeli airstrike in the Gaza Strip. This development raised concerns that ceasefire negotiations could face obstacles. Hence, Brent crude settled at $90.48 a barrel, while WTI crude ended at $86.21 a barrel.
read more... 11/04/2024
On Tuesday, crude oil prices kept declining as investors assessed the possible consequences of a ceasefire agreement between Israel and Hamas. This deal has the potential to conclude the ongoing Gaza conflict, which has persisted for six months. Hence, Brent crude declined by 1% to settle at $89.42 a barrel. Meanwhile, U.S. WTI crude dropped by 1.4% to $85.23 a barrel.
read more... 10/04/2024