Search Results for: WTI
Oil prices dips on concerns of slowing economic growth
August 20th, 2018
Oil prices dipped on Monday as concerns over slowing economic growth weighed on markets. International Brent crude oil futures were at $71.78 per barrel at 0019 GMT, down 5 cents from their last close. U.S. West Texas Intermediate (WTI) ...
Most Asian equities gained on Monday, Yen to Dollar little changed; Key events coming up this week
August 20th, 2018
Most Asian equities gained on Monday as traders held out hopes about developments in the trade war and ahead of a meeting of central bankers later in the week that may throw up clues on the outlook for markets. ...
Oil prices volatile as trade conflict between U.S. and China escalates
July 6th, 2018
Oil prices seesawed in nervous trading on Friday as the United States slapped a raft of tariffs on Chinese goods in an escalating trade war between the world’s two biggest economies. Oil prices initially fell on Friday, along with ...
Oil prices edge up as U.S. supply tightens
July 4th, 2018
Oil prices edged up on Wednesday following a report of tightening U.S. fuel inventories amid an outage at Syncrude Canada oil sands facility in Alberta, which usually supplies the United States. Prices were also pushed up by looming U.S. ...
Oil prices fell; Oil traders are closely watching a threat by China
June 19th, 2018
Oil prices fell nearly one percent on Tuesday as an escalating trade dispute between the United States and China triggered sharp selloffs in many global markets. Crude was also weighed down by expectations that producer cartel OPEC and key ...
Oil prices rebounded on Tuesday on expected stockpile drop
June 5th, 2018
Oil prices rebounded on Tuesday after falling in the previous session on expectations that inventories in the United States may decline but increasing U.S. production and concerns that OPEC may raise output continue to weigh on sentiment. Brent crude ...
Oil prices drop on potential increase in OPEC output
May 24th, 2018
Oil prices fell on Thursday on expectations that OPEC members will step up production in the face of worries over supply from both Venezuela and Iran. A surprise build up in crude oil inventories in the United States also ...
Oil prices rose on Monday as markets reacted to news
May 21st, 2018
Oil prices rose on Monday as markets reacted to news that China and the United States have put a looming trade war between the world’s two biggest economies “on hold”. Brent crude futures were at $79.13 per barrel at ...
Oil prices reach highest since November 2014
May 7th, 2018
U.S. oil prices rose above $70 a barrel on Monday for the first time since November 2014 while Brent crude prices climbed to fresh highs, as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supplies. ...
Oil prices hold steady
May 4th, 2018
Oil prices held steady on Friday after shedding earlier gains, as market jitters kicked in over the prospect of geopolitical risks from possible new U.S. sanctions against Iran. U.S. West Texas Intermediate (WTI) crude futures were trading 1 cent ...
