Oil prices were almost flat on Thursday. Brent futures reached an intraday high of $80.50 a barrel due to a stronger dollar, but finally ended at $79.30 a barrel. WTI crude was constant at $71.49 a barrel.
read more... 18/05/2018
A stronger dollar and an inventory report indicating lower-than-expected U.S. crude and gasoline stocks backed oil prices on Wednesday. Brent futures futures added 85 cents, or 1.1%, to close at $79.28 a barrel. WTI crude rose by $0.18, or 0.3% to settle at $71.49 a barrel.
read more... 17/05/2018
Oil prices declined on Friday, retreating after previous gains as U.S. allies are likely to insist in preserving an agreement with Iran, which could maintain country's crude exports on global markets. Brent crude was 35 cents, or 0.5% down at $77.12 a barrel. WTI futures lost 1% to close at $70.70 a barrel.
read more... 14/05/2018
Oil prices surged on Thursday, as US sanctions are most likely to affect oil flows from the major exporter Iran.
read more... 11/05/2018
Oil prices hiked on Monday due to forecasts for higher prices on gasoline and consumer goods. Brent futures rose $1.3, or 1.7%, to end at $76.17 a barrel. WTI crude surged by 1.5% to settle at $70.73 a barrel, for the first time above $70 level since late 2014.
read more... 08/05/2018