TAG: brent crude futures news

Oil rises $1 as US dollar slips to one-week low, investors shift focus to global economy; Brent at $88/bbl

Oil prices rose a dollar a barrel on Tuesday, April 23, as the US dollar index fell to its lowest in over a week and as oil investors shifted focus away from the ongoing geopolitical issues in the Middle East to the state of global economies. The US doll...

5 months ago

Brent may hit $95/bbl in near-term, Q2FY25 target price raised by $5/bbl on geopolitical risk premium: ICICI Bank

Global crude oil prices continued to rise by two per cent over the last month responding an increase in geo-political tensions, even as physical markets turned less tight. Brent crude prices had breached the $90/barrel mark during the period in a respons...

5 months ago

Oil crawls back towards 7-week low-mark after US Fed keeps rates at 23-year high; Brent at $83/bbl

Oil edged back towards the previous day's seven-week low-mark on Thursday, May 2, paring earlier gains, after US data pointed to persistent labour market strength which further diminished hopes of early decline in US interest rates. Brent crude futures...

5 months ago