Brent crude oil price plunges to November 2021 lows on demand worries
Brent crude oil price plunges to November 2021 lows on demand worries but supply concerns due to a hurricane hitting the US Gulf coast stalled the descent.
Oil ends higher on US rate cut, declining crude stockpiles
Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in US interest rates and declining global stockpiles helped offset some of the demand concerns arising from weak consumption in China.
Crude oil prices today: WTI is trading at $70.98
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors related to U.S. and international supply and demand conditions. For example, the Brent/WTI spread hit nearly $14/bbl in April 2011 when protests sparked market fears of significant oil supply disruptions in the Middle East.
Brent crude oil, natural gas and wheat prices all rise
Brent crude oil, natural gas and wheat prices all rise on supply concerns.
Oil prices rise 2% after US rate cut
Oil prices rose by nearly 2% on Thursday after the Federal Reserve's large cut in U.S. interest rates helped global benchmark Brent crude recover from its lowest in nearly three years hit last week. Brent futures rose to $74.
U.S. crude oil rises nearly 1%, trades above $71 per barrel after Fed rate cut
Crude futures are on the rebound after the Fed surprised many in the market with a big rate cut. Tensions between Israel and Hezbollah are also escalating. U.S. crude oil rose nearly 1% on Thursday, one day after the Federal Reserve slashed interest rates for the first time in more than four years and as tensions in the Middle East continued to escalate.
Crude Oil Prices Rise on Spot Demand - PTI
Crude oil futures gained on Thursday due to increased spot demand. Prices rose Rs 66 to Rs 5,906 per barrel on the Multi Commodity Exchange. Read more.
Benzinga.com3d
Brent Crude (BZ) Futures
A Brent Crude futures contract involves the delivery of Brent Crude oil (harvested in the North Sea off the shore of Britain) at a certain price on a certain date. Oil futures are calculated ...
Oil trades 1% lower after mixed storage data ahead of US Fed verdict; Brent crude at $73, faces resistance $75/bbl
Oil prices fell on Wednesday as the market cautiously awaited a rate cut announcement from the Federal Reserve, while ...
Brent Crude - Oil Slides Below $70 A Barrel, First Time Since December 2021
Brent crude oil prices dropped below $70 a barrel, the lowest since December 2021. OPEC+ downgraded 2024 oil demand growth ...
Morgan Stanley cuts Brent crude price view as market signals demand softness
Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters and said the global oil market is facing a ...
Brent crude crashes 25% YTD on soft demand: Should you buy OMC stocks? D-Street experts pick ONGC, Oil India
Brent crude crashed to a three-year low last week. Ahead of the US Federal Reserve policy decision, crude oil is teetering on ...
Brent Crude Oil should surpass $80/bbl, bearish sentiment is ‘overdone’ - UBS
UBS analysts believe concerns about hurricane disruptions should not discourage investors on crude oil. Brent Crude Oil ...
USA Today1d
Crude oil prices today: WTI is down 1.18%, Brent Crude is up 0.47%
WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $95.52 on Sep. 27, 2023. That’s 27.27% higher than the current futures price. Brent futures ...
Brent crude prices hover near 3-year low: 5 reasons why oil's market value is falling globally
From forecast by Opec+ and expectations of softened demand in US, China, and Asia, to progress on the Gaza ceasefire deal, ...
Crude Oil Prices2d
Crude Oil, Product Inventories Climb, Pressuring Rebounding Prices
Crude oil inventories in the United States rose by 1.96 million barrels for the week ending September 13, according to The American Petroleum Institute (API). Analysts had expected a 100,000-barrel ...