Tag Archives: Oil Prices

Oil prices were little changed on Thursday, as a rise in U.S. crude inventories pressured the market after prices had climbed to a near one-week high in the previous session. As of 09:16 GMT: Brent crude fell 15 cents to $75.89 per barrel. West Texas Intermediate (WTI) crude declined 34 …

Oil prices rose on Wednesday, supported by supply concerns stemming from a Ukrainian drone attack on a Russian oil facility, cold weather disruptions in the U.S., and OPEC+ speculation regarding output levels. Brent crude futures climbed 0.5% to $76.25 per barrel at 07:20 GMT. West Texas Intermediate (WTI) crude for …

Oil prices extended gains on Tuesday following a drone attack on a Russian oil pipeline pumping station, which disrupted crude flows from Kazakhstan. However, expectations of rising supply limited further price increases. Brent crude futures climbed 0.6% to $75.66 per barrel by 10:14 GMT, while U.S. West Texas Intermediate (WTI) …

Oil prices saw little change on Monday as markets closely watched Russia-Ukraine peace negotiations and potential U.S. tariff actions that could impact global trade. Market Overview: Brent crude futures: -0.11% to $74.66 per barrel (1202 GMT) WTI crude futures: -0.07% to $70.69 per barrel Key Market Drivers: 1. Russia-Ukraine Peace …

Oil prices remained largely unchanged on Monday as investors assessed the impact of potential Russia-Ukraine peace talks on global supply flows. Latest Price Movements (as of 07:40 GMT): Brent crude futures ↓ 1 cent to $74.73 per barrel WTI crude futures ↓ 7 cents to $70.67 per barrel Key Market …

Oil prices fell in Asian trading on Thursday as U.S. President Donald Trump signaled potential progress toward a peace treaty between Russia and Ukraine. The possibility of an agreement raised expectations that U.S. sanctions on Russian crude could be lifted, increasing global oil supply. Meanwhile, a higher-than-expected U.S. consumer inflation …

Oil prices fell on Wednesday, ending a three-day winning streak, as data showed a sharp rise in U.S. crude inventories and Federal Reserve Chair Jerome Powell indicated that interest rate cuts would not come quickly this year. As of 12:30 GMT, Brent crude declined by 77 cents, or 1%, to …

Oil prices rose in Asian trading on Monday after three straight weeks of declines, despite U.S. President Donald Trump’s new tariff measures on steel and aluminum imports. Brent crude: Up 0.5% to $75.06 per barrel WTI crude (March contract): Up 0.6% to $71.13 per barrel Key Drivers: Tariffs and Trade …

Oil prices remained largely unchanged in Asian trading on Friday but continued to be on track for their third consecutive weekly decline, driven by concerns over a supply glut and U.S.-China trade tensions. Brent Oil Futures: $74.27 per barrel (flat) U.S. Crude (WTI) Futures (March): $70.33 per barrel (flat) Weekly …

Oil prices edged up on Thursday, partially recovering from the previous day’s drop, after Saudi Arabia’s state-owned oil company raised its March crude prices sharply. However, the gains barely made a dent in the significant decline of Brent crude the day before. Oil Price Movements Brent Crude Futures: $74.89 (+0.4%) …