Crude oil futures fell on Monday after Saudi Aramco slashed its October official selling prices for crude supplies to Asia and the U.S. As a result, Brent crude for November 2020 delivery dropped by 1.5% to settle at $42.01 a barrel. At te same time, U.S.WTI crude shed by 1.7% to end at $39.08 a barrel.
read more... 08/09/2020
Russian and Belarusian companies are to develop economic terms of redirection of such deliveries, Russian Energy Minister Alexander Novak informed
read more... 04/09/2020
Crude oil futures fell on Tuesday amid a gridlock in U.S. stimulus negotiations and rising coronavirus infection rates globally. However, expectations for tighter oil U.S. supplies limited price declines. Consequently, Brent crude dropped by 49 cents, or 1.1%, to settle at $44.50 a barrel. At the same time, U.S. WTI crude lost 33 cents, or 0.8%, to finish at $41.61 a barrel.
read more... 12/08/2020
Crude oil prices slipped on Friday, as US reported a record high increase in daily Covid-19 cases, while OPEC+ claimed to add supplies starting from August. In this context, Brent crude edged 0.5% lower at $43.14 a barrel. WTI futures settled 0.4% down at $40.59 a barrel.
read more... 20/07/2020
Crude oil prices added momentum on Wednesday, following an increase in U.S. crude imports and a weekly decline in gasoline supplies that indicated an improvement in energy demand. Hence, Brent crude traded 0.5% higher at $43.29 a barrel. At the same time, WTI futures edged 0.7% higher at $40.90 a barrel.
read more... 09/07/2020