Oil drilling rigs Oil prices extended losses on Friday after falling about 1.6% in the previous session, as risk premiums in the market eased following a ceasefire agreement between Hamas and Israel. December Brent crude futures declined 0.45%, or 29 cents, to $64.93 per barrel as of 8:07 a.m. Makkah time, while November WTI crude […]
Brent crude falls below $65/barrel Read More »
Oil drilling rigs Oil prices ended Friday up but posted a weekly loss amid uncertainty over the global economic outlook following the implementation of new U.S. tariffs and as markets awaited a potential meeting between the US and Russian presidents. Brent crude futures for October delivery increased by 0.24%, or $0.16, to $66.59 a barrel,
Brent closes higher, loses over 4% this week Read More »
Home Market News HPCL, BPCL shares fall up to 4% after Brent crude crosses $70 per barrel mark Rising oil prices are generally beneficial for upstream oil explorers such as Oil India and ONGC as it will result in the increase in prices of the products refined by them. Shares of India’s downstream oil refiners,
HPCL, BPCL shares fall up to 4% after Brent crude crosses $70 per barrel mark Read More »
A turbulent week for global energy markets saw oil prices slide amid OPEC+ uncertainty and escalating U.S.-China tensions. The double whammy of OPEC+’s unpredictability and Donald Trump’s heated rhetoric over China ‘totally violating its agreement’ with the US put oil prices under renewed pressure, sending ICE Brent slightly below $64 per barrel with WTI balancing
Brent Slides Below $64 as Trump and OPEC+ Rattle Crude Markets Read More »
Global crude oil prices have surged past the $65 per barrel mark, marking a notable recovery for Brent and Nigerian oil blends from an early April dip. The post Brent and Nigerian oil blends stage recovery above $65 per barrel, eye $70 appeared first on Nairametrics… https://nairametrics.com/2025/04/20/brent-and-nigerian-oil-blends-stage-recovery-above-65-per-barrel-eye-70/
Brent and Nigerian oil blends stage recovery above $65 per barrel, eye $70 Read More »
Oil drilling rigs Oil prices declined on Friday, as markets worried that the US trade war could spark a global recession, yet they marked their third consecutive weekly gain. Brent crude futures for May delivery settled 0.55%, or 40 cents, lower at $73.63 a barrel, but gained over 2% for the week. WTI crude futures
Brent crude settles lower, posts gains for third straight week Read More »
Oil drilling rigs Oil prices rose further on Friday after Russian statements suggested that OPEC+ could reverse the output increase decision if there are market imbalances. Brent crude futures for May delivery leapt by 1.3%, 90 cents, to $70.36 per barrel. Similarly, US crude futures for April delivery rose 1%, 68 cents, to $67.04 per
Brent crude settles higher, records weekly loss of over 3% Read More »
Oil drilling rigs Oil prices turned lower on Friday as markets watched closely the possibility of a peace deal between Russia and Ukraine, which would ease global chain disruptions if it leads to the lifting of sanctions on Moscow. Brent crude futures for April delivery declined 0.35%, or $0.28, to close at $74.74 per barrel,
Brent settles below $75, records weekly gain Read More »
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Brent oil prices eke out weekly gain as U.S. targets Iran exports and tariff fears fade Read More »
Oil drilling rigs Oil prices extended rally on Friday, hitting their highest level in three months. They recorded gains for the third straight week, following assessment of US sanctions on Russia and amid colder weather in Europe and the US. Brent crude futures for March delivery leapt 3.7%, or $2.84, to $79.76 a barrel, recording
Brent crude rises, records weekly gain of over 4% Read More »
