Oil prices rose insignificantly on Tuesday after weaker dollar rebounded from an early fall as the International Energy Agency predicted that supply might surpass demand. Brent futures increased 13 cents, or 0.2 percent, to end at $62.72 a barrel. WTI crude slipped following U.S. crude inventories data, closing 0.2% down at $59.19 per barrel.
read more... 14/02/2018
Oil prices fell to their lowest level in seven weeks on Thursday due to worries regarding increasing global supplies after Iran declared about its plans to boost production and U.S. crude output hit record peaks. Brent crude slumped by 1.1 percent, to settle at $64.81 per barrel. WTI crude edged 1% lower at $61.15 per barrel.
read more... 09/02/2018
Oil declined for a third day in a row due to a selling wave that hit equities, bonds, cryptocurrencies and commodities, and amidst pressure from a rising dollar. Brent crude slumped by 1.1% to $66.86 per barrel. WTI ended 1.2% lower at 63.39$ per barrel.
read more... 07/02/2018
Oil prices ended lower on Monday as U.S. output increases, a weaker physical market and recent dollar strength added to the pressure from an extensive decline across equities and commodities markets. Brent crude slumped by 1.4 percent, at $67.62 a barrel. WTI tumbled by 2% to $64.15 per barrel.
read more... 06/02/2018
Oil prices fell on Friday as the dollar surged following strong U.S. jobs growth, while production cuts by OPEC and progressive global demand kept much of the early year oil rally in place. Brent crude slumped by 1.5 percent, to $68.58 a barrel. WTI ended 0.5% lower at $65.45 a barrel.
read more... 05/02/2018