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Brent Oil - Oil prices fall on China’s weak economic data

16-05-2022 03:02

Brent crude was down 28 cents, or 0.3%, at $111.27 a barrel at 0934 GMT, and U.S. West Texas Intermediate (WTI) crude slipped 9 cents, or 0.1%, to $110.40 a barrel. The fall of oil prices “is chiefly ...

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Today's Market View - Union Jack Oil & Gas

In summary, this is because the content is either considered to be commissioned by SP Angel's clients as part our advisory services to them or is short-term market commentary.  Commissioned research ...

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Oil down over lagging EU ban on Russian oil exports

Demand concerns in China, as country tightens its zero-COVID policy are putting downward pressure on prices Oil prices fell on Monday on easing supply fears with a halt in the EU's proposal of a ban ...

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Saudi Aramco's first-quarter profits surge 82% on high oil prices

Saudi Aramco unveiled record quarterly profits of US$39.5bn as the world's most valuable company gains from surging oil prices following Russia's invasion of Ukraine. First-quarter net profits for the ...

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Oil gets cheaper, and Brent is at $109.21 a barrel

Prices for oil of benchmark grades are declining in Monday’s trading. By 09:04 am, at the London ICE Futures Exchange the July’s Brent crude futures fell by $2.34 (2.10%) to $109.21 per barrel.

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