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West Texas Intermediate crude oil was up 1.88% to $69.98 a barrel. Brent crude , the international benchmark, was higher by 1.56% to $74.20 a barrel. Gold was higher by 0.16% to $2,734.50 an ounce.
West Texas Intermediate crude oil rose 0.13% higher to $71.08 a barrel. Brent crude , the international benchmark, inched up 0.05% to $74.04 a barrel. Gold increased by 0.33% to $2,626.6 an ounce.
Exxon Mobil sank 3% as oil-and-gas companies fell broadly following the 2.4% drop for the price of a barrel of Brent crude, the international standard, to $75.18. Frontier Group Holdings, the parent company of Frontier Airlines, lost 4.9% after Spirit Airlines rejected a third takeover bid from the budget rival. Spirit said that it would focus ...
Oil prices rose for a third consecutive session, with Brent crude rising above $80 a barrel to its highest in more than four months on wider U.S. sanctions on Russian oil that could push India and ...
The Dow Jones Industrial Average sank 225 points, or 0.5%, while the Nasdaq composite edged higher by less than 0.1%. The losses were pared as the price of oil eased. A barrel of benchmark U.S. crude fell 2.7% to below $72 after Trump said he had agreed with Russia’s president to begin “negotiations” on ending the war in Ukraine. Such a ...
The Dow was up while the Nasdaq faltered, dragged down by continued selling in tech stocks. ... brent crude oil closed at about $76 a barrel after rising to a one-month high of $79 a barrel on ...
Oil platform in the North Sea. Brent Crude may refer to any or all of the components of the Brent Complex, a physically and financially traded oil market based around the North Sea of Northwest Europe; colloquially, Brent Crude usually refers to the price of the ICE (Intercontinental Exchange) Brent Crude Oil futures contract or the contract itself.
Brent finished at $78.57 and WTI at $73.77, after gaining 13 percent in the previous three weeks. U.S. jobs news indicated the economy was slowing, meaning less chance of another large interest rate increase, and the dollar jumped. The price of Saudi light crude sold to Asia fell to the lowest since November 2021. [1]