TAG: crude oil price jump
Oil settles flat on the week over Gaza ceasefire possibility, stronger US dollar; Brent sticks to $85/bbl
Crude oil prices declined in the previous session and settled flat on the week over the possibility of a ceasefire in Gaza and a stronger US dollar. US Secretary of State Antony Blinken said that he believed talks in Qatar could reach a Gaza ceasefire ag...
6 months ago
Oil rally cools off as prices slip 2% ahead of US Federal Reserve verdict; Brent down to $85.9/bbl
International crude oil prices slipped on Wednesday, March 20, after hitting multi-month highs in the previous session, as investors braced for the US Federal Reserve's interest rate policy announcement later in the day. Analysts widely project the US ce...
6 months ago
Morgan Stanley sees brent crude prices hitting $90/barrel this summer
Global brokerage house Morgan Stanley sees brent crude oil prices hitting $90 per barrel this summer. The brokerage has revised its Brent oil price projections upward by $10 per barrel to $90 for the third quarter of 2024. This adjustment is attributed t...
6 months ago