Oil prices fell on Tuesday from 3 ½ - year peaks reached the previous session, as increasing U.S. fuel inventories and production pressured an otherwise bullish market. Brent futures lost $0.85, or 1.1%, to close at $73.86. WTI crude dropped by 1.4% to end at $67.70 a barrel.
read more... 25/04/2018
Oil prices soared on Monday to reach new 3.5-year peaks, after Iran tempered hopes that OPEC would extend its production cut agreement and on worries that U.S. sanctions could limit Iran's output. Brent crude added $0.65, or 0.9%, to $74.71 a barrel. WTI futures edged 0.4% higher at $68.64 a barrel.
read more... 24/04/2018
Oil prices were bullish on Friday to hit almost three-year peaks as prolonging OPEC-led supply cuts and strong demand gradually diminished excess supplies. Brent futures added $0.28, or 0.4%, to $74.06 per barrel. WTI crude edged 0.2% higher to $68.40 a barrel. Oil prices were bullish on Friday to hit almost three-year peaks as prolonging OPEC-led supply cuts and strong demand gradually diminished excess supplies. Brent futures added $0.28, or 0.4%, to $74.06 per barrel. WTI crude edged 0.2% higher to $68.40 a barrel.
read more... 23/04/2018
Oil prices jumped on Wednesday due to a decline in U.S. crude inventories and after sources announced that top exporter Saudi Arabia wishes to see the oil price close to $100 a barrel. Brent crude added $1.90, or 2.7 percent, to end at $73.48 a barrel. WTI futures were $1.95, or 2.9 percent, up at $68.47 a barrel, their highest level since late 2014.
read more... 19/04/2018
Oil prices surged on Tuesday, backed by the probability of supply interruption and a strong equities market, compensating the effects of profit-taking after last week's upward trend to three-year peaks. Brent crude added 16 cents, or 0.22%, to close at $71.58 a barrel. WTI futures soared by 0.5% to settle at $66.52.
read more... 18/04/2018