Crude oil prices recovered from a five-day bearish strike on Tuesday as the United States and China – the two largest energy consumers in the world – are preparing to sign a trade agreement.
read more... 15/01/2020
Crude oil futures ended slightly lower on Thursday as the U.S. and Iran seemed to step away from their conflict, with traders focusing instead on data showing a big increase in U.S. crude oil inventories.
read more... 10/01/2020
Crude oil price extended gains on Monday as tensions erupted following Soleimani's killing on Friday, with Tehran and Washington exchanging strike threats. Brent crude for March delivery rose above $70 a barrel at one point, but settled only 0.5% higher at $68.91 a barrel. U.S. WTI crude for February delivery gained 22 cents to close at $63.27 a barrel.
read more... 07/01/2020
Oil prices slipped on Wednesday as reports showed an unexpected increase in U.S. inventories, and record high gasoline production. Consequently, Brent crude closed the session at $64.06 a barrel, down 21 cents or 0.3% day on day. The WTI contract lost 3 cents, or 0.5%, to $58.11 per barrel.
read more... 28/11/2019
Crude oil prices inched higher on Wednesday, stimulated by upbeat economic comments from Jerome Powell, the Chair of Federal Reserve. A drop in U.S. crude stocks and a positive outlook on oil markets from OPEC also supported prices. On this background, WTI futures rose by 0.6% to $57.12 a barrel, while Brent crude edged 0.5% higher at$62.37 a barrel.
read more... 14/11/2019