Tag Archives: Oil

Oil prices rose on Tuesday, amid increased demand for energy and hear sources as a strong winter storm hit parts of North America. In addition, weather conditions led to supply disruptions with the shutdown of some crude refineries in Texas. The global benchmark Brent crude futures for April delivery rose …

Crude oil prices are showing a mixed performance on Tuesday, with the U.S. benchmark futures rising amid cold weather conditions shutting production in Texas and raising demand for energy and heat sources. Meanwhile, the global benchmark Brent crude futures are showing a relative decline after recent surges with a strong …

Oil prices hovered today near a 13-month high on the back of sudden cold weather that caused the closure of wells in Texas, the largest oil producing state in the United States, while a wage deal in Norway avoided a supply disruption in Europe, curbing gains. Prices also increased with …

Oil, Crude, trading

Oil prices surged on Monday, as winter storms led to steep declines in temperatures across North America thus blasting demand for energy and heat. The global benchmark Brent crude futures rose by 1.4% to reach $63.30 per barrel, reaching their highest level since January 2020. Meanwhile, the U.S. West Texas …

Oil prices rose Monday, February 15th, to their highest levels in nearly 13 months, as escalating tension in the Middle East stimulated new purchases, while crude received support from hopes that an American stimulus and easing isolation measures would fuel demand for fuel. Brent crude rose $ 1.02, or 1.6%, …

Oil, Crude, trading

Oil prices rose on Friday, supported by geopolitical tensions raising concerns about crude supplies from the Middle East. Brent crude futures for April delivery gained $1.29, or 2.1%, to close at $62.43 per barrel. For the week, the global benchmark crude most active contracts gained 5.2%. Meanwhile, the West Texas Intermediate …

Oil prices fell for a second session today, Friday, to fall further from its highest level in a year after OPEC cut its demand forecast again, and the International Energy Agency said the market was still experiencing a surplus in supplies. Brent crude fell 39 cents, or 0.6%, to $ …

Oil, Crude, trading