Oil prices rose on Thursday, as United States are likely to re-introduce sanctions against Iran. Markets were also backed by a decline in Venezuela oil output and ongoing strong demand. Brent crude added $0.74, or 1%, to end at $74.74 a barrel. WTI futures closed 0.2% higher at $68.19 a barrel.
read more... 27/04/2018
Oil prices surged on Wednesday near three-year highs hit in the previous session on geopolitical worries and potential new sanctions against Iran. Brent crude added $0.14, or 0.2%, to close at $74.00 a barrel. WTI futures edged 0.5% higher at $68.05 a barrel.
read more... 26/04/2018
Oil prices fell on Tuesday from 3 ½ - year peaks reached the previous session, as increasing U.S. fuel inventories and production pressured an otherwise bullish market. Brent futures lost $0.85, or 1.1%, to close at $73.86. WTI crude dropped by 1.4% to end at $67.70 a barrel.
read more... 25/04/2018
Oil prices soared on Monday to reach new 3.5-year peaks, after Iran tempered hopes that OPEC would extend its production cut agreement and on worries that U.S. sanctions could limit Iran's output. Brent crude added $0.65, or 0.9%, to $74.71 a barrel. WTI futures edged 0.4% higher at $68.64 a barrel.
read more... 24/04/2018
Oil prices were bullish on Friday to hit almost three-year peaks as prolonging OPEC-led supply cuts and strong demand gradually diminished excess supplies. Brent futures added $0.28, or 0.4%, to $74.06 per barrel. WTI crude edged 0.2% higher to $68.40 a barrel. Oil prices were bullish on Friday to hit almost three-year peaks as prolonging OPEC-led supply cuts and strong demand gradually diminished excess supplies. Brent futures added $0.28, or 0.4%, to $74.06 per barrel. WTI crude edged 0.2% higher to $68.40 a barrel.
read more... 23/04/2018