Browsing: Brent

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).

Crude Oil Prices Rise over Positive Demand Expectations Oil prices jumped higher on Wednesday in the global commodity market due…

Prices of crude oil edged higher across various grades in the global commodities market amidst buckets of uncertainties. Tensions in the Middle East persisted while weak economic data in China, and U.S suggest demand level would be put in check.

Oil Prices Edge Higher as Middle East Peace Relapsed Oil prices edged higher in the global commodities market on Monday…

Oil Prices Decline as Market Weigh OPEC+ Decision Oil prices dipped again in the global commodities market due to weak…