Oil prices rose on Friday as US buyers covered positions ahead of the Memorial Day weekend amid concerns over the latest round of nuclear talks between American and Iranian negotiators. Brent crude futures settled at $64.78 a barrel, up 34 cents, or 0.54%. U.S. West Texas Intermediate crude futures finished at $61.53, up 33 cents,…
After rising more than 2% the previous day as OPEC+ postponed plans to increase production in December, oil prices moved in a narrow range on Tuesday amid what is predicted to be an unusually close US presidential election. U.S. West Texas Intermediate crude added 13 cents, or 0.18%, to $71.6 a barrel, while Brent crude…
Oil prices fell more than $1 a barrel, down more than 1.5% in early trade on Monday, as deflation worries in China weighed on oil prices. Brent crude futures were down $1.26, or 1.59%, at $77.78 a barrel, and U.S. West Texas Intermediate crude futures were down $1.20, or 1.59%, at $74.36 a barrel. The…
Oil prices rose in early Asian trading hours on Friday, holding on to their strong weekly gains as investors weighed Middle East conflicts and potential disruptions against the broader global market for crude oil. Brent crude futures were up 9 cents, or 0.12%, at $77.71 a barrel, U.S. West Texas Intermediate crude futures were up…
Oil prices fell on Monday as worries about fuel consumption in the top two oil consumers in the world, the United States and China, outweighed hopes for tighter supplies as a result of any OPEC+ supply cuts and a restart of U.S. purchases for reserves. Brent crude futures were down 43 cents, or 0.6%, to…
