Oil Climbs over USD1
12 Articles
12 Articles
Oil climbs over $1 on tanker attacks, no progrees on peace
The oil is on the rise in the start of the day: the wti passes from hand to 81.98 dollars per barrel (+0.9% in the contracts with delivery in September), the brent is exchanged to 87,78 dollars (+0.82% in the contracts with delivery in October). (ANSA). (ANSA)
Oil prices edged higher on Friday after falling more than 2% in the previous session. Brent crude futures rose 9 cents, or 0.1%, to $87.16 a barrel by 01:30 GMT, while West Texas Intermediate (WTI) crude futures gained 4 cents to $81.29 a barrel. Despite the previous session's decline and the relinquishment of some of the gains made during a six-session rally for Brent and a five-session rally for WTI, both benchmarks are still on track for week…
Tanker Attacks, Stalled US-Iran Peace Pact Buoy Oil Prices
By Adedapo Adesanya Oil price climbed over $1 a barrel on Friday on tanker attacks and a lack of progress on a peace agreement between the President Donald Trump administration and Iran’s leadership. Brent futures settled at $88.52 a barrel after gaining $1.45 or 1.67 per cent, and the United States’ West Texas Intermediate crude […]
West Texas Intermediate (WTI) crude oil closed Friday up 1.4% at $82.40 a barrel, amid a lack of progress in resolving the conflict between the United States and Iran. At the close of trading, WTI futures contracts for September, the benchmark in the United States, added $1.15 compared to the previous close. RELATED: Energy: Texas crude, the benchmark in the Dominican Republic, falls 2.4% after the IEA lowers its crude oil demand forecast; Impac…
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