Browsing: WTI

Oil Prices Rise on Increase Threats of U.S Protectionist Policy Oil prices rose as fears of escalating trade war persist…

Oil Slides after Trump Suspends Tariffs on Mexico, Canada Oil prices fell as US President Donald Trump suspended tariffs imposed…

Oil Prices Retreated Below $80 over U.S Tariff Threats Oil prices have retreated below $80 per barrel in the global…

Oil prices increased sharply this week, with Brent closing near $80 per barrel in the latest sanctions against Russian crude by the United States.

Oil Prices Ease amidst Bearish Demand Expectation Oil prices eased in the global commodities market over a mixed demand outlook.…

Oil Prices Climb Concerns over Russian, Iranian Flows Oil prices climbed further on Wednesday in the global commodities market amidst…

Oil Rises Amidst Demand, Supply Imbalance Oil prices rose in the global commodities market on Monday amidst demand and supply…

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

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 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.