Tag Archives: brent

Oil prices fell on Friday after sharp increases during the session on fears of possible disruption to international supplies following the imposition of sanctions on oil-exporting Russia. Brent crude futures for April fell 33 cents, or 0.3 percent, to $98.75 a barrel at 1045 GMT, after jumping to $101.99. May …

Oil prices rose on Thursday, with Brent crude exceeding $105 a barrel for the first time since 2014 after a Russian attack on Ukraine raised fears of a war in Europe that could disrupt global energy supplies. Brent crude prices rose $8.24, or 8.5 percent, to $105.08 a barrel by …

Crude oil prices stabilized on Monday, with front-month WTI futures last trading flat in the $92.00 per barrel area, as traders weigh ongoing escalation in the Russia-Ukraine crisis against the rising likelihood of a new US/Iran nuclear pact. According to the news flow coming out of Russia, President Vladimir Putin …

Oil prices rose more than a dollar in early trading on Monday amid growing concerns about a potential conflict between Russia and Ukraine, with the United States and the European Union making clear that Russia would face sanctions if it invaded its neighbor. Brent crude futures rose $1.34, or 1.4 …

The safe-haven Japanese yen weakened on Friday and risk-sensitive currencies such as the Australian dollar rose as investors took comfort from a plan for talks between the United States and Russia on the crisis in Ukraine. The euro rose as the dollar weakened. The yen and the Swiss franc, a …

During Friday’s session, the precious metal consolidated around the $1,886-$1,900 area, amongst exchanges of statements in news media between Russia, Ukraine, and NATO countries, keeping uncertainty around the current situation in Ukraine.Brent crude futures settled 57 cents, or 0.6%, higher at USD 93.54 a barrel, while American WTI crude ended …

Baker Hughes on Friday reported that the number of active US rigs drilling for oil was up by four to 520 this week. That followed a climb of 19 oil rigs the week before, Baker Hughes data show. The total active US rig count, which includes those drilling for natural …

Oil prices recouped some of their losses Wednesday, February 16, as investors evaluated conflicting statements about a possible withdrawal of some Russian troops from Ukraine’s borders, amid global supply shortfalls and rebounding fuel demand. Brent crude was traded at $93.86 a barrel at 10:00 GMT, up 62 cents, or 0.6%, …

Oil tumbled over 3% on Tuesday, retreating from a seven-year high after Russia said some of its military units were returning to their bases following exercises near Ukraine, a move that appeared to de-escalate tension between Moscow and the West.It was not clear how many units were being withdrawn, and …

Crude oil markets stabilized on Monday after printing fresh highs earlier in the day, supported by the ongoing tense geopolitical backdrop in Eastern Europe and continued tight global oil market conditions. Front-month WTI futures, which have swung between multi-year highs near $95.00 and session lows just above $92.00, currently trade …