Oil prices recovered slightly on Tuesday supported by industry data which indicated a decrease in U.S. crude inventories. Brent crude edged up by 0.1% at $75.38 a barrel. U.S. West Texas Intermediate crude jumped by 1.2% to close at $65.52.
read more... 06/06/2018
Oil prices continued the downward evolution on Monday, as investors kept selling amid rising U.S. output, probable global supply growth and trade concerns. Brent crude futures declined by $1.50 a barrel, or 2 percent, to end at $75.29 a barrel. U.S. West Texas Intermediate crude dropped by 1.6% to close at $64.75.
read more... 05/06/2018
Oil prices fell on Friday, after U.S. President Donald Trump's declaration on trade boosted the dollar, reducing greenback-denominated commodities, including crude. Brent futures lost $0.8, or 1%, to end at $76.79 a barrel. WTI crude dropped by $1.23 a barrel to end at $65.81 a barrel.
read more... 04/06/2018
Oil prices were mixed on Thursday. Brent oil price rose slightly to $77.59 a barrel, due to a larger-than-forecasted drop in crude inventories. WTI crude declined as the Organization of the Petroleum Exporting Countries is likely to bring its supply-cut deal to a close by the end of the year. WTI futures fell by $1.17, or 1.7% to settle at $67.04 a barrel.
read more... 01/06/2018
Oil prices surged on Wednesday, as Russia's central bank expressed caution on plans to increase oil supply. Brent crude gained $2.11, or 2.8% to close at $77.50 a barrel. WTI futures added $1.48, or 2.2% to end at $68.21 a barrel.
read more... 31/05/2018