On Tuesday, oil prices were rather stable to bearish, driven by a sharp price decline in refined products, following the restart of refineries in the United States after a maintenance period. Brent crude decreased by 1% to $86.25 a barrel, while WTI Crude slipped by 0.4% to $81.62 a barrel.
read more... 27/03/2024
On Monday, oil prices ended higher, driven by prospects of reduced Russian crude oil production, following Ukrainian attacks on refineries. Brent crude increased by 2% at $86.75 a barrel, while WTI Crude rose by 2% to $81.95 a barrel.
read more... 26/03/2024
Crude oil prices extended gains yesterday due to ongoing attacks on Russia's refining infrastructure, positive macroeconomic data from China, as well as reports of decreasing US crude oil and gasoline inventories. As a result, Brent crude edged 0.6% higher to end at $87.38 a barrel. Meanwhile, U.S. WTI crude rose by about 1% to settle at $83.47 a barrel.
read more... 20/03/2024
Oil prices ended higher on Monday, influenced by improving economic prospects in China and heightened geopolitical tensions following new drone strikes on Russian refineries over the weekend. Brent crude increased by 2% at $86.89 a barrel, while WTI Crude rose by 2% to $82.72 a barrel.
read more... 19/03/2024
Oil prices rose sharply on Wednesday, boosted by strikes on Russian refineries and a larger-than-expected drop in US crude and gasoline inventories. As a result, the Brent crude oil stood slightly above $84 a barrel, while WTI crude settled at $79.72 a barrel.
read more... 14/03/2024