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9 hours ago · Published Sat, Jun 29, 2024 · 06:22 AM. Oil prices. Follow. Brent crude futures for August settlement, which expired on Friday, settled up 2 cents at US$86.41 a barrel. PHOTO: AFP. OIL prices fell on Friday as investors weighed weak US fuel demand and took some money off the table at quarter-end, while key inflation data for May boosted the ...
9 hours ago · Oil rates steadied on Wednesday on expectations for greater need as the U.S. dollar weakened and a report revealed U.S. crude and gas inventories fell, but longer term, need in developed nations was seen flagging this year. Brent unrefined futures were down 5 cents at $82.33 a. barrel at 1042 GMT. U.S. West Texas Intermediate unrefined futures. ( WTI) fell 1 cent to $78.01 a barrel. U.S. crude ...
9 hours ago · Brent crude futures for August settlement, which expired on Friday, settled up 2 cents at $86.41 a barrel. The more liquid September contract fell 0.3% to $85 a barrel. U.S. West Texas Intermediate (WTI) crude futures settled 20 cents lower, or 0.24%, to $81.54. For the week, Brent rose 0.02% while WTI futures posted a 0.2% loss.
9 hours ago · The price of a barrel of Azeri Light crude oil decreased by $0.35, or 0. 39%, settling at $88.65, Azernews reports. "Azeri Light" crude oil reached its lowest level on April 21, 2020, at $15.81 per barrel, and its highest price was recorded in July 2008, at $149.66 per barrel.
9 hours ago · The weekly inventory data from the EIA continues to surprise with the significant adjustments shown and the distant relationship with demand and refinery utilization figures, which are positive: +3.591 million barrels of crude oil, -0.226 million barrels in Cushing, +2.654 million barrels of gasoline, and -0.377 million barrels of distillates.
12 hours ago · Energy companies rose on a continued rally in oil prices on expectations for a rise in summer fuel demand. EnCap Investments' $2.55 billion sale of oil-and-gas assets in Utah's Uinta Basin shows...
9 hours ago · West Texas Intermediate crude oil dropped 0.53% to $81.3 a barrel. Brent crude , the international benchmark, ticked 0.18% lower to $84.77 a barrel. Gold slipped 0.12% to $2,326. per ounce.
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