Browsing: Brent

Crude oil prices slumped in the global commodities market on Thursday due to a weak demand outlook in China and United States.

The prices of crude oil increased further in the global market ahead of the Organisation of Petroleum Exporting Countries and Allies producers (OPEC+) meeting on Thursday. 

Oil Prices Climb Ahead of U.S. Fed Rates Cut Oil prices climbed in the global commodities market on Tuesday amidst…

Oil Prices Jump on Positive Demand Outlook in China Oil prices edged higher in the global commodities market on Monday…

Prices of crude oil declined this week as the International Energy Agency report showed that U.S. production increased.

The crude oil prices dipped amidst ceasefire talks in the Middle East. There are reports of significant progress towards an Israel-Hezbollah deal.

Prices of crude oil rose successively in the last two days due to rising uncertainties in the global commodities market with the U.S sanctions on Russia’s Gazprombank.

Oil prices climbed again in the global commodities market as Russian President Vladimir Putin warned of global conflict after US and UK made missiles were fired by Ukraine.

Prices of crude oil increased as Russia-Ukraine tensions heightened. Ukraine fired a US-made missile into Russia earlier in the week. Brent crude rose to $73.08 per barrel, while the US benchmark West Texas Intermediate also increased to $69.05 per barrel.

The prices of crude oil fell on Tuesday over demand concerns amidst expectation of surplus supply in the global commodities market.  Brent to $72.65 per barrel at the last look, while the US benchmark West Texas Intermediate also decreased to $68.69 per barrel.