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Brent Oil - Oil hovers near 2019 highs amid OPEC cuts
U.S. West Texas Intermediate (WTI) crude oil futures were at $57.14 a barrel at 0955 GMT, 2 cents below their last settlement, and close to a 2019 high of $57.55 reached the previous day. Brent crude ...
Oil Price Fundamental Daily Forecast – EIA Report Expected to Show 2.9M Build
At 08:57 GMT, April WTI crude oil is trading $57.22, up $0.07 or +0.14% and April Brent crude oil is at $67.07, down $0.01 or 0.01%. Driving prices higher is OPEC and its ally’s quest for a balanced m...
Oil hovers near 2019 highs amid OPEC cuts, but economic slowdown weighs
International Brent crude futures were at $67.20 per barrel ... to weakness in fuel consumption thus eroding bullish gains for oil prices,” said Benjamin Lu of brokerage Phillip Futures in ...
Oil falls after record U.S. shale output forecast
LONDON • Oil fell on Wednesday after the U.S. government said shale output would rise to a record next month, denting a rally that sent prices to their highest this year. Brent futures eased by 53 cen...
Crude Oil Price’s Rally Likely Short-lived. Outlook Dim as Global Growth Slowdown Persists
Crude oil prices rallied, sending the WTI and Brent benchmarks to the highest level since November 2017. Investors shrugged off rising US shale rig counts and higher inventory, but focused on hopes of ...