Posts Tagged ‘Brent Crude Oil prices’
Gold and Oil News - November 18, 2023 14:48
Oil Prices Surge From Lows Amid Mixed Global Signals
Oil prices experienced a more than 4% jump on Friday, a notable rebound from a four-month low seen just the day before. Brent crude futures, the global oil benchmark, closed up by $3.19, or roughly 4.1%, at $80.61 a barrel. Similarly, West Texas Intermediate crude (WTI), a key standard for U.S. oil, rose by $2.99, […]
Oil Prices Surge Amid Record Demand and Supply Tightening
The trajectory of Brent crude oil prices in recent weeks presents a compelling narrative of change and potential. The period since early July 2023 has witnessed an impressive gain of over $10 in Brent crude oil, effectively breaking free from a stagnant several-month range that had held it below $76. The remarkable ascent culminated in […]
Crude Oil Declines by the End of the Week on Mideast Protests
The crude oil futures witnessed correction by the end of the week on Friday and as uncertainty spread among investors over violent riots in Yemen, Bahrain and Libya. However if we look at the weekly position the US light crude oil advanced 0.7 percent while Brent crude oil surged more than 1 percent over the […]
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