Brent crude oil futures were up 10 cents at USD 67.64 per barrel, also close to this year’s peak of USD 68.14 reached late last week.
19 Mar 2019 10:44 AM
OPEC’s de-facto leader Saudi Arabia said on Sunday that balancing oil markets was far from done as inventories were still high.
18 Mar 2019 10:25 AM
OPEC+ will meet in Baku, Azerbaijan, over the weekend to review its output policy, although most expect the cuts to continue for now.
15 Mar 2019 10:49 AM
US officials were constantly assessing global oil markets to determine the way forward with Iran sanctions waivers.
14 Mar 2019 10:16 AM
Jet fuel cracks have shed about 9 pc in the last 1 week, and are currently about 7 pc weaker than this time last year.
13 Mar 2019 2:16 PM
Brent crude futures were at USD 66.75 per barrel, up 17 cents, or 0.3 per cent.
12 Mar 2019 8:35 AM
India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day.
08 Mar 2019 1:06 PM
WTI crude oil futures were at USD 56.32 per barrel, down 34 cents, or 0.6 per cent.
08 Mar 2019 10:42 AM
India has reduced its purchases of Iranian oil but has been in talks on extending its sanctions waiver.
07 Mar 2019 4:13 PM
US crude oil production remained at a record 12.1 million bpd, an increase of more than 2 million bpd since early 2018.
07 Mar 2019 10:54 AM
International Brent futures were down 55 cents, or 0.8 percent, at USD 65.31 a barrel.
06 Mar 2019 10:31 AM
OPEC exports are off by over 1.5 million barrels per day (bpd) since November.
04 Mar 2019 12:19 PM
WTI crude oil futures were at USD 56.92 per barrel, down 2 cents from their last settlement.
28 Feb 2019 10:23 AM
International Brent crude futures were at USD 65.48 per barrel, up 27 cents, or 0.4 per cent from their last close.
27 Feb 2019 2:53 PM
WTI crude futures were at USD 57.38 per barrel, up 11 cents, or 0.2 per cent, from their last settlement.
25 Feb 2019 10:20 AM
The global benchmark fell 5 cents to settle at USD 67.12 a barrel.
23 Feb 2019 12:30 PM
WTI crude oil futures were at USD 56.84 per barrel, down 12 cents, or 0.2 per cent
22 Feb 2019 10:14 AM
Oil prices have been driven up this year by supply cuts led by the Organisation of the OPEC.
21 Feb 2019 4:34 PM
OPEC as well as some non-affiliated producers such as Russia agreed late last year to cut output by 1.2 mn barrels per day.
20 Feb 2019 11:00 AM
Brent crude oil futures were at USD 66.08 per barrel at 0220 GMT, down 42 cents, or 0.6 per cent from their last close.
19 Feb 2019 1:34 PM