Chicago WTI crude futures price is up 1.44% at $103.52 per barrel. Oil prices rebounded on Wednesday after sharp losses on Tuesday as concerns about supply tightness from Russia and Libya arises. Libya recently closed its largest oil field as turmoil in the country intensifies. Both benchmarks – WTI...
On Monday’s trade, the Chicago WTI crude oil futures price is up 1.60% at $102.21 per barrel. Oil prices continued to surge on Wednesday as Moscow declared that the peace talk with Ukraine had hit a dead end, intensifying supply worries. A limited downside is seen in crude oil...
Brent Crudewas trading 1.97%up at $109.91 Oil prices clawed back heavy losses to rise more than 2% on Wednesday on supply tightness and the growing prospect of new Western sanctions against Russia even as signs of progress emerged from peace talks between Moscow and Kyiv. Brent crude futures were...
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