US EditionBrent, WTI Edge Lower Friday Despite Weekly Gains On Trade Optimism
3 Articles
3 Articles
As the week comes to an end, the oil market shows mixed movements.According to the original report, Brent crude has experienced a slight drop of 12 cents, reaching $65.22 per barrel.This decrease of 0.2% contrasts with the 2.1% advance it has recorded throughout the week.In turn, U.S. West Texas Intermediate crude (WTI) also fell 15 cents, reaching $63.22.However, its weekly behavior reflects an increase of 4%.Commercial conversations and their …
Week in Review: Crude Ticks Up on Geopolitics and Trade Optimism - Mansfield Energy
After two weeks of declines, oil markets jumped back up this week, with both Brent and WTI crude climbing. Brent crude finished the week up at around $65/bbl, while WTI rose to $63/bbl. The rally was driven by a mix of geopolitical tensions and renewed optimism in global trade, though underlying market shifts continue to pressure U.S. crude producers. The week began with reports of a positive phone call between U.S. President Donald Trump and Ch…
Brent, WTI Edge Lower Friday Despite Weekly Gains On Trade Optimism
Oil prices declined marginally on Friday, but both Brent and West Texas Intermediate (WTI) crude benchmarks posted their first weekly gains in three weeks as renewed U.S.-China trade negotiations improved market sentiment and demand outlook. Brent crude oil, against which Nigerian oil is priced, fell by 11 cents or 0.2% to $65.23 per barrel as […] The post Brent, WTI Edge Lower Friday Despite Weekly Gains on Trade Optimism appeared first on Inve…
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