Archive for Tag: (WTI) crude futures

Brent crude futures

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 few months as rocketing gas and coal prices stoke a switch to oil products. Brent crude futures were up 80...

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Brent Crude futures

Oil falls on concerns of faltering economic growth to hit demand

Brent Oil was trading 0.60% downat $82.92. Oil prices edged down on Wednesday on concerns that oil demand growth will fall as major economies suffer through inflation and supply chain issues though surging prices for power generation fuel such as coal and natural gaslimited losses. Brent Crudefutures fell 24...

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