Archive for Tag: Brent Oil Futures

Oil Up, U.S. Crude Oil Supplies Drop to Lowest Level Since January 2020

Brent Oil was trading 0.47% up at $74.22. Oil was up Thursday morning in Asia as the latest data showed a draw in U.S. crude oil supplies to their lowest level since January 2020. Brent Oil Futureswere up 0.34% to $74.12 by 11:43 PM ET (3:43 AM GMT) and...

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Oil Up Over Draw in U.S. Crude Supplies, but COVID-19 Remains Threat to Demand

Brent Oil was trading 0.35% up at $73.78. Oil was up Wednesday morning in Asia, boosted by a draw in U.S Crude supplies that reinforced expectations that fuel demand will outstrip supply growth. However, increasing numbers of COVID-19 cases globally capped the black liquid’s gains. Brent Oil Futures gained...

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Crude oil prices steady near multi-year highs

Brent Crudewas trading 0.65% down at $73.90. Crude oil prices hovered near multi-year highs on Thursday buoyed by dropping U.S Crude inventories and broadly shrugging off a stronger U.S. dollar. Brent Crude Oil futures dropped 20 cents, or 0.2%, to $74.19 a barrel by 1156 GMT. They hit their...

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