Oil prices declined on Friday as the US works on a peace agreement between Russia and Ukraine Oil prices fell on Friday as the US worked to secure a peace agreement between Russia and Ukraine, a move that could increase global supply. Brent crude futures for January 2026 slipped more than 1%, or 66 cents, […]
Oil falls as US draws up plan to end war in Ukraine Read More »
December WTI crude oil (CLZ25) on Friday closed down -0.29 (-0.47%), and December RBOB gasoline (RBZ25) closed down -0.0043 (-0.23%). Crude oil and gasoline prices on Friday ran into some pre-weekend long liquidation pressure after the sharp gains seen on Wednesday and Thursday. Crude oil prices rallied after the US and EU ramped up sanctions
Crude Oil Falls Back After Thursday’s Rally on US and EU Sanctions on Russian Energy Read More »
USD/CAD extends its losses for the second successive session, trading around 1.4000 during the Asian hours on Wednesday. The pair loses ground as the commodity-linked Canadian Dollar (CAD) receives support from the higher Oil prices. West Texas Intermediate (WTI) Oil price gains ground for the second successive day, trading around $57.70 per barrel at the
USD/CAD falls to near 1.4000 as Oil prices extend gains on falling stockpiles Read More »
Forex traders said the rupee opened on a positive note with the rise in risk appetite in the global markets amid easing tensions over trade tariffs and hopes of a truce between Russia and Ukraine. Representational file image. | Photo Credit: AP The rupee pared initial gains and settled for the day lower by 18
Rupee falls 18 paise to close at 87.25 against U.S. dollar Read More »
Oil drilling rigs Oil prices settled lower on Friday, recording a weekly loss amid concerns over the performance of the US and China. Brent crude futures for September delivery fell by 1.1%, or 74 cents, to $68.44 a barrel, marking their lowest level since July 4, and ending the week down 1.2%. US WTI crude
Oil falls to 3-week low, posts weekly losses Read More »
Oil prices slipped 2% on Wednesday as sources said OPEC+ would consider accelerating its oil output increases in June, but losses were curbed following a report that U.S. President Donald Trump may cut tariffs on Chinese imports. Brent crude futures settled down $1.32, or 1.96%, at $66.12 a barrel, while U.S. West Texas Intermediate crude
Oil falls 2% after sources say OPEC+ mulls accelerating output Read More »
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info By Alex Kimani – Jan 16, 2025, 1:40 PM CST Oil prices retreated in Thursday’s trading after Israel and Hamas reached a Gaza ceasefire and hostage release deal following 15 months of war. According rto Qatari Prime Minister
Oil Falls After Gaza Ceasefire Deal Read More »
On November 21, 2024, 4:39 AM Crude oil prices dipped today after the U.S. Energy Information Administration reported an inventory build of 500,000 barrels for the week to November 15. At the time of writing, Brent crude was trading at $73.26 per barrel, with WTI at $69.50 per barrel. The change compared with a build of 2.1 million barrels for the previous week,
Oil Falls After EIA Confirms Small Crude Inventory Build Read More »
By Staff reporter Updated October 16, 2024 — 11.30am The Australian sharemarket opened lower on Wednesday, tracking losses on Wall Street, which pulled back from its records after the price of crude oil tumbled and technology stocks faltered. The S&P/ASX 200 fell 25.30 points, or 0.3 per cent, to 8293.10 as of 11.11am AEDT, with
ASX falls, led lower by energy stocks as oil prices tumble Read More »
Oil prices settled down nearly 2% on Friday, little changed on the week with Brent crude below $80 a barrel, as investors tempered expectations of demand growth from top oil importer China. Brent crude futures fell $1.36, or 1.7%, to settle at $79.68 per barrel. U.S. West Texas Intermediate crude futures declined by $1.51, or
Oil falls 2% to end volatile week, focus on China demand concerns Read More »
