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Brent Crude

Oil jumps 1% after Houthis attack on fuel tanker in Red Sea

Oil jumps 1% after Houthis attack on fuel tanker in Red Sea

Mon, Jan 29, 2024

Brent crude oil price news: Brent crude futures climbed 83 cents to $84.38 a barrel by 2341 GMT after hitting a session-high of $84.80. U.S. West Texas Intermediate crude rose 78 cents to $78.79 a barrel.

Oil prices ease in early trading; set to post weekly gains

Oil prices ease in early trading; set to post weekly gains

Fri, Jan 26, 2024

Brent crude futures eased 32 cents, or 0.39 per cent, to $82.12 a barrel by 01:15 GMT. US West Texas Intermediate crude fell 41 cents, or 0.5 per cent, to $76.95.

Oil prices rise on big draw in US crude stocks, China stimulus hopes

Oil prices rise on big draw in US crude stocks, China stimulus hopes

Thu, Jan 25, 2024

Brent crude oil price news: The March contract for Brent crude gained 20 cents, 0.3 per cent, to $80.24 a barrel as at 0128 GMT. US West Texas Intermediate crude climbed 22 cents, or 0.3 per cent, to $75.31 a barrel.

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Oil prices little changed as fundamentals weigh on geopolitical risk premium

Oil prices little changed as fundamentals weigh on geopolitical risk premium

Wed, Jan 24, 2024

Brent crude oil price news: The front-month March contract for Brent crude inched up 5 cents to $79.60 a barrel as at 0138 GMT. US West Texas Intermediate crude ticked up 7 cents to $74.44 a barrel.

Oil slips as economic concerns eclipse geopolitical tensions

Oil slips as economic concerns eclipse geopolitical tensions

Tue, Jan 23, 2024

Brent crude oil price news: Brent crude futures fell 14 cents, or 0.2 per cent, to $79.92 a barrel by 0125 GMT, while US West Texas Intermediate crude futures (WTI) were last down 10 cents, or 0.1 per cent, at $74.66 a barrel.

Oil extends losses as economic headwinds weigh on demand outlook

Oil extends losses as economic headwinds weigh on demand outlook

Mon, Jan 22, 2024

Brent crude oil price news: Oil prices fell for a second day on Monday as economic headwinds pressured the global oil demand outlook and outweighed geopolitical concerns in the Middle East and an attack on a Russian fuel export terminal over the weekend.

Oil prices edge higher on OPEC demand estimate, while cold hits US output

Oil prices edge higher on OPEC demand estimate, while cold hits US output

Thu, Jan 18, 2024

Brent crude oil price news: Brent crude futures gained 28 cents to $78.16 a barrel by 0004 GMT, and US West Texas Intermediate crude futures (WTI) rose 34 cents at $72.90.

Oil prices fall as stronger dollar offsets Red Sea disruptions risks

Oil prices fall as stronger dollar offsets Red Sea disruptions risks

Wed, Jan 17, 2024

Brent crude oil price news: Global benchmark Brent crude futures fell 36 cents, or 0.5 per cent, to $77.93 a barrel by 0215 GMT. US West Texas Intermediate crude futures (WTI) fell 43 cents, or 0.59 per cent, to $71.97 a barrel.

Oil slips; investors eye Mideast developments

Oil slips; investors eye Mideast developments

Mon, Jan 15, 2024

Brent crude oil price news: Brent crude futures fell 31 cents, or 0.4 per cent, to $77.98 a barrel by 0124 GMT after settling up 1.1 per cent on Friday. US West Texas Intermediate crude was at $72.36 a barrel, down 32 cents, or 0.4 per cent, following a near 1 per cent gain in the previous session.

Oil prices rise more than 2% after US, Britain strikes in Yemen

Oil prices rise more than 2% after US, Britain strikes in Yemen

Fri, Jan 12, 2024

Brent crude oil price news: Brent crude futures were up $1.81, or 2.3 per cent, at $79.22 a barrel, while US West Texas Intermediate crude futures were trading $1.80, or 2.5 per cent higher, at $73.82 at 0154 GMT.

Oil prices tick up as Middle East tensions rise

Oil prices tick up as Middle East tensions rise

Thu, Jan 11, 2024

Brent crude oil price news: US West Texas Intermediate crude futures gained 20 cents, or 0.28 per cent, to reach $71.57 a barrel by 0202 GMT. Benchmark Brent crude oil futures rose 21 cents, or 0.27 per cent, to $77.01 a barrel.

Oil prices extend gains after US crude stocks draw

Oil prices extend gains after US crude stocks draw

Wed, Jan 10, 2024

Brent crude oil price news: Brent crude futures rose 29 cents, or 0.4 per cent, to $77.88 a barrel at 0138 GMT, while US West Texas Intermediate crude futures climbed 29 cents, or 0.4 per cent, to $72.53 a barrel.

Dollar pulls back, bitcoin jumps ahead of ETF approval deadline

Dollar pulls back, bitcoin jumps ahead of ETF approval deadline

Tue, Jan 09, 2024

Brent crude oil price news: The dollar paused its rally on Tuesday, as traders reaffirmed their bets for a slew of Federal Reserve rate cuts this year on the belief that inflation in the US is slowing sufficiently.

Oil prices steady as markets debate Middle East crisis and OPEC supply

Oil prices steady as markets debate Middle East crisis and OPEC supply

Tue, Jan 09, 2024

Brent crude oil price news: Brent crude futures rose 18 cents, or 0.2 per cent, to $76.30 a barrel at 0122 GMT, while US West Texas Intermediate crude futures inched up 6 cents, or 0.1 per cent, to $70.83 a barrel.

Oil slips as higher OPEC supply, Saudi price cuts offset Mideast worries

Oil slips as higher OPEC supply, Saudi price cuts offset Mideast worries

Mon, Jan 08, 2024

Brent crude oil price news: Brent crude fell 9 cents, or 0.1 per cent, to $78.67 a barrel by 0057 GMT, while US West Texas Intermediate crude futures shed 10 cents, or 0.1 per cent, to $73.71 a barrel.

Oil prices higher on Fed comments on inflation, Middle East tensions

Oil prices higher on Fed comments on inflation, Middle East tensions

Fri, Jan 05, 2024

Brent crude oil price news: Brent crude futures were up 37 cents, or 0.5 per cent, to $77.96 a barrel, while US West Texas Intermediate crude futures rose 50 cents, or 0.7 per cent, to $72.69 at 0229 GMT.

Oil prices rise on Middle East supply worries

Oil prices rise on Middle East supply worries

Thu, Jan 04, 2024

Brent crude oil price news: Brent crude rose 33 cents, or 0.42 per cent, to $78.58 a barrel by 0101 GMT, while U.S. West Texas Intermediate crude futures rose 40 cents, or 0.55 per cent, to $73.10.

Oil prices rise on sustained Red Sea shipping tensions

Oil prices rise on sustained Red Sea shipping tensions

Wed, Jan 03, 2024

Brent crude oil price news: Brent crude rose 26 cents, or 0.4 per cent, to $76.11 a barrel by 0004 GMT, while US West Texas Intermediate crude futures rose 26 cents, or 0.3 per cent, to $70.64.

Asia shares kick off 2024 on steady footing; bitcoin surges

Asia shares kick off 2024 on steady footing; bitcoin surges

Tue, Jan 02, 2024

MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.1 per cent in early trade but was still hovering near a five-month high it hit last week.

Oil jumps 1% in New Year after US forces repel Houthis in Red Sea

Oil jumps 1% in New Year after US forces repel Houthis in Red Sea

Tue, Jan 02, 2024

Brent crude oil price news: Brent crude rose $1.03, or 1.3 per cent, to $78.07 a barrel by 0225 GMT while US West Texas Intermediate crude was at $72.53 a barrel, up 88 cents, or 1.2 per cent.

Oil prices to end year 10% lower as demand concerns snap winning streak

Oil prices to end year 10% lower as demand concerns snap winning streak

Fri, Dec 29, 2023

Brent crude oil price news: Brent crude futures were up 18 cents, or 0.2 per cent, at $77.33 a barrel at 0126 GMT on Friday, the last trading day of 2023, while the U.S. West Texas Intermediate (WTI) crude futures were trading 11 cents higher at $71.88 a barrel in early Asian trade.

Oil prices rise amid fears over escalating tensions in Middle East

Oil prices rise amid fears over escalating tensions in Middle East

Thu, Dec 28, 2023

Brent crude oil price news: Brent crude futures climbed 20 cents, or 0.3 per cent, to $79.85 a barrel by 0133 GMT. US WTI crude futures were up 24 cents, or 0.3 per cent, at $74.35 a barrel.

Oil prices fall as major shipping firms return to Red Sea

Oil prices fall as major shipping firms return to Red Sea

Wed, Dec 27, 2023

U.S. crude stocks were expected to have fallen by 2.6 million barrels last week, while distillate and gasoline inventories likely rose, a preliminary Reuters poll showed on Tuesday.

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