Archive for Tag: brent crude price

Oil prices

Oil Ends March Lower on Cautious Pre-OPEC Trade

Brent was trading 2.20% up at $64.12. Oil prices fell more than 2% Wednesday to close down for the day and March as traders moved cautiously ahead of a decision on production quotas by OPEC+. New York-traded West Texas Intermediate, the benchmark for U.S. crude, settled down $1.39, or...

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Brent Crude

Oil drops amid rising stockpiles and COVID-19 demand concerns

Brent Crude was trading 1.18% down at $68.06. Oil prices dropped on Tuesday, extending declines to three consecutive days, as rising stockpiles in the United States added to the risks to a demand recovery after countries including Germany and France halted COVID-19 vaccinations. Brent Crudewas down 69 cents, or...

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brent crude futures

Oil hits almost 14-month high after OPEC+ extends output cuts

WTI CRUDE was trading 2.48 up at $65.41. Oil prices jumped more than 2% on Friday, hitting their highest in nearly 14 months after OPEC and its allies agreed not to increase supply in April as they await a more substantial recovery in demand. Brent crude futures were up $1.52,...

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