TAG: latest news on brent crude futures
Oil settles higher on Middle East supply woes, US inflation data limits gains; Brent at $89/bbl
Crude oil prices settled higher in the previous session, garnering support from tensions in the Middle East, but a stronger US dollar and US inflation data faded hopes that the US Federal Reserve would cut interest rates soon, limiting gains in crude pri...
5 months ago
Oil plunges to 7-week low ahead of US Fed verdict; Brent dips to $83/bbl in oversold territory
Oil prices plunged three per cent to hit a seven-week low on Wednesday, May 1, on a surprise build in US crude stocks ahead of the Federal Open Market Committee (FOMC) meeting outcome. The prospect of a simmering Middle East ceasefire agreement and persi...
5 months ago