Tag: brent oil

Oil prices have been on an uptrend since the start of 2021. But, the market prices seem to have had their worst week so far this year, losing more than ...

Oil prices shot up by over 2% on March 7 after Yemen and Saudi Arabia rebels traded airstrikes. The prices of oil were subdued in the past year due to ...

The oil price rebounded on March 1, 2021, before retreating slightly, after the US House of Representatives authorized a $1.9trn (£1.36trn) stimulus package over the weekend. Brent crude has managed ...

Oil prices surged for a fourth consecutive session on February 25, 2021, to reach the highest levels in over 11 months, supported by lower crude production in the US and ...

Oil prices have soared on February 15 to reach their highest in almost 13months as fears of growing tension in the Middle East prompted fresh buying. Also, hopes that a ...

Oil prices extended their gains after markets managed to close at the highest level in over a year on February 2 as declines in the Chinese and US crude stockpiles ...

Oil prices gained on February 1, 2021, after a weak start, adding to the gains recorded in the past three months. The price gain happened despite patchy coronavirus vaccine rollouts, ...

The dollar rallied overnight on January 28 but Brent crude and WTI only saw modest falls. These slight losses may be due to lower than expected official US crude inventories ...

The prices of oil surged on January 27, 2021, after the latest data showed an unexpected decline in US crude stockpiles. China also reported its lowest daily rise in COVID-19 ...

Crude oil prices are currently trading at the overbought position and are susceptible to profit-taking after the recent macros show that the death toll from the COVID-19 onslaught had so ...