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Archive for Tag: crude oil wti

Oil drops more than 1% as U.S. stockpiles sap rally

Brent Oil was trading 1.19% down at $84.64. Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and fuel inventories increased unexpectedly last

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Oil prices scale $85/bbl on back of supply deficit

Brent Oil was trading 0.79% up at  $84.76. Oil prices hit a fresh three-year high on Friday, climbing above $85 a barrel on forecasts of a supply deficit over the next

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