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Brent crude futures were up 5.4 percent at $102.07 per barrel, crossing the $100 level for the first time since 2014.. Natural gas prices surged 5.39 percent. Spot gold, traditionally seen as a ...
UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world's largest crude importer.
Oil prices surged as much as 8% at the open after OPEC+ announced it was slashing output by 1.16 million barrels per day. Brent crude futures last jumped 5.1% to $83.95 a barrel on that news,...
West Texas Intermediate December contract: $69.39 per barrel, up 23 cents, or 0.33%. Year to date, U.S. crude oil has declined about 3%. Brent January contract: $73.31 per barrel, up 1 cent, or 0. ...
Price change over selected period: -2.57% -1.81. Oil Price: Get all information on the Price of Oil including News, Charts and Realtime Quotes.
The benchmark U.S. crude oil contract sold off more than 6%, or $4.40, to $67.38 per barrel on Monday.
In the final trading day of 2022, the spot price of Brent crude oil, a global benchmark priced in Northwest Europe, closed at $85 per barrel (b), $7 higher than the price on January 3, 2022 ($78/b). The Brent price rose significantly in the first half of 2022 but generally declined in the second half of the year.
“Oil prices are decreasing, gas prices should too,” President Joe Biden said. It’s why Senate Democrats are scheduling hearings with oil executives. The day before Russia’s invasion of Ukraine, oil...
Capital Economics research group now expects global oil prices to rise from about $93 to $100 per barrel, with U.S. benchmark prices rising from $88 to $92. At the outset of Russia's...
Oil prices have hit $75 per barrel for the first time since November of 2014. Ali Velshi breaks down why the price has risen and what this means for the U.S.