Oil prices were mixed on Tuesday. Brent futures rose close to $80 a barrel level on Tuesday, adding $0.35, or 0.4%, on concerns that decreasing Venezuelan crude output and a potential decline in Iranian exports could further reduce global supply. Brent crude settled at $79.57 a barrel. WTI futures slightly fell due to expectations that OPEC may raise supplies as early as June, to settle at $72.20 a barrel.
read more... 23/05/2018
Oil prices rose on Monday, rebounding from earlier losses after geopolitical tensions led to stronger crude market and a trade war between the U.S. and China was declared on hold. Brent futures added $0.71, or 0.9% to close at $79.22 a barrel. WTI crude gained $0.96, or 1.4% to close at $72,24 a barrel, new high.
read more... 22/05/2018
Oil prices fell on Friday as Saudi Arabia made assurances on supply. Brent crude dropped 0.79 cents, or 1%, to close at $78.51 a barrel. WTI futures edged $0.21, or 0.3% down at $71.28 a barrel.
read more... 21/05/2018
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