Thu, May 02, 2024
Crude oil fell by 5% yesterday, crude oil at its lowest level in 7 weeks... Why was there a sharp fall in crude oil?
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Fri, Jun 16, 2023
"The outlook for economic growth and inflation remains highly uncertain," said ECB President Christine Lagarde.
Thu, Jun 15, 2023
Brent crude futures settled $1.09, or 1.5%, lower at $73.20 a barrel, while U.S. West Texas Intermediate (WTI) crude closed $1.15, or 1.7%, lower at $68.27.
Fri, May 12, 2023
Brent crude futures fell $1.43, or 1.9%, to settle at $74.98 a barrel, while West Texas Intermediate crude (WTI) fell $1.69, or 2.3%, to settle at $70.87.
Wed, May 10, 2023
Brent crude settled 43 cents, or 0.6% higher, at $77.44 a barrel, while U.S. West Texas Intermediate (WTI) crude closed up 55 cents, or 0.8%, at $73.71.
Tue, May 09, 2023
Brent crude settled up $1.71, or 2.3%, at $77.01. US West Texas Intermediate (WTI) crude also gained $1.82, or 2.6%, to $73.16.
Thu, May 04, 2023
Brent futures settled $2.99 lower, or 4%, to $72.33 a barrel, the global benchmark's lowest close since December 2021. Brent hit a session low of $71.70 a barrel, its lowest since March 20.
Wed, May 03, 2023
Brent futures fell $3.99, or 5.0%, to settle at $75.32 a barrel, while West Texas Intermediate crude (WTI) fell $4.00, or 5.3%, to end at $71.66.
Fri, Apr 28, 2023
Brent crude edged up 18 cents, or 0.23%, to $77.87 a barrel by 1344 GMT while U.S. West Texas Intermediate crude rose 12 cents, or 0.16%, to $74.42.
Thu, Apr 27, 2023
Brent crude settled at $77.69 a barrel, losing $3.08, or 3.8%. U.S. West Texas Intermediate crude settled at $74.30 a barrel, shedding $2.77, or 3.6%.
Wed, Apr 26, 2023
Brent crude rose by 16 cents, or 0.2%, to $80.93 a barrel by 0006 GMT. U.S. West Texas Intermediate crude rose 25 cents, or 0.3%, to $77.32 a barrel.
Tue, Apr 25, 2023
Brent crude settled up $1.07, or 1.3%, at $82.73 a barrel while U.S. West Texas Intermediate crude settled up 89 cents, or 1.1%, at $78.76.
Fri, Apr 21, 2023
Brent crude futures settled at $81.10 a barrel, shedding $2.02, or 2.4%. West Texas Intermediate crude (WTI) futures settled at $77.29 a barrel, losing $1.87, or 2.4%.
Thu, Apr 20, 2023
Brent futures for June delivery fell $1.65, or 2.0%, to settle at $83.12 a barrel. West Texas Intermediate crude (WTI) for May delivery fell $1.70, or 2.1%, to settle at $79.16.
Tue, Apr 18, 2023
The US dollar index has been strengthening alongside interest rate hikes, making dollar-denominated oil more expensive for holders of other currencies. It gained around 0.6 per cent on Monday.
Tue, Apr 11, 2023
Crude last week jumped more than 6 per cent after OPEC+, the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, surprised the market with a new round of production cuts starting in May.
Thu, Aug 18, 2022
The world's best-known crude benchmark, Brent was trading at USD 94.91 per barrel on Thursday after concerns of a global recession led to it slipping to a six-month low of USD 91.51 on the previous day
Sat, Jul 16, 2022
The comment during US President Joe Biden`s Middle East visit comes at a time when spare capacity at members of the Organization of the Petroleum Exporting Countries (OPEC) is running low.
Wed, Jul 13, 2022
Brent crude futures dropped 68 cents, or 0.7%, to $98.81 a barrel at 0002 GMT. U.S. West Texas Intermediate crude declined 72 cents, or 0.8%, at $95.12, also the lowest in three months.
Tue, Jul 12, 2022
Oil prices fell on Tuesday as fresh COVID-19 curbs in China, the world`s biggest crude importer, and fears of a global economic slowdown weighed on the fuel demand outlook.
Mon, Jul 11, 2022
Brent crude futures were up 11 cents, or 0.1%, at $107.13 a barrel at 0102 GMT, adding to a 2.3% gain on Friday.
Tue, Jul 05, 2022
Brent crude futures extended gains on Tuesday as a strike in Norway is expected to disrupt oil and gas output, fanning tight supply worries, according to a Reuters report.
Sat, Jul 02, 2022
Brent crude futures were up $2.71, or 2.5%, at $111.74 a barrel by 1:26 p.m. EDT (1726 GMT), while West Texas Intermediate crude (WTI) gained $2.81, or 2.7%, to $108.57 a barrel.
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