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Fears of weaker demand linked to soft economic data from China and rising temperatures elsewhere capped the gains. Brent crude oil futures settled up 41 cents, or 0.53%, at $77.49 per barrel.
Despite the recent rally, Kaneva and her team expect Brent prices to average $73 for 2025. Silhouettes of onshore oil and gas well in the field outdoors against blue cloudy sky (Olga Rolenko via ...
In energy trading, benchmark U.S. crude added 28 cents to $71.02 a barrel. Brent crude, the international standard, rose 34 cents to $75.08 a barrel. In currency trading, the U.S. dollar declined ...
(Reuters) -Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signaled weaker demand, while worries about a new China-U.S. trade war fueled fears of ...
Oil prices steadied on Wednesday as investors weighed the impact of potential U.S. tariffs on Canadian and Mexican imports, while largely shrugging off an increase in U.S. weekly crude inventory ...
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
Brent crude futures for March, which expire on Friday, fell 4 cents to $76.83 a barrel by 1251 GMT. U.S. West Texas Intermediate crude (WTI) was unchanged on the day at $72.73.
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.