Browsing: Brent

Oil Prices Slip, Saudi Hikes Price for Asian Buyers Crude oil prices retreated during early trading hours on Tuesday as…

Oil Prices Rise on Positive Demand Outlook Oil prices climbed due to positive demand expectations in top two world crude…

Oil prices climbed in the global commodities market on Monday on lower than expected inflation data while the U.S. dollar eased.

Crude oil extended its fall as broader market concerns have weighed on the complex, while a stronger dollar has also added further pressure.

The global commodities market saw a decline in oil prices as the US dollar rose above its two-year high following the Fed’s rate cut.  Brent declined around $72 per barrel while US WTI plunged below $69 per barrel as dollar gain overshadowed 25 basis points Fed funds rates cut.

Oil prices rose in the global commodities market on Thursday as the U.S. Federal Reserve’s fund rates cut boosted expectations that demand would increase.

Positive Demand Outlook Raises Crude Oil Prices Positive demand outlook in the United States lifted crude oil prices higher in…

Oil prices dipped on Tuesday in the global commodity market as demand pressures persist due to weak economic data and the U.S. amidst more sanctions on Russian tankers by the European Union.

Oil Prices Retreat over Demand Uncertainties Oil prices decline amidst expectations of a lower global demand outlook and supply glut…

Oil prices jumped in the global commodities market on Thursday following another sanction slammed on Russia by the European Union (EU).