TAG: oil prices today

Oil prices drop on weaker US fuel demand, Gaza ceasefire report; Brent rebounds to $85/bbl

Oil prices declined on Thursday, March 21, pressured by weaker US gasoline demand data and reports of a United Nations draft resolution calling for a ceasefire in Gaza. This comes hours after the US Federal Reserve maintained its key interest rates at 5....

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

Oil rises on Saudi Arabia's decision to hike prices, brent crude at $83.39/bbl

Oil futures saw an increase on Monday following Saudi Arabia's decision to raise June crude prices for most regions. Additionally, concerns grew over the possibility of a ceasefire agreement in Gaza, leading to renewed fears of potential escalation in th...

5 months ago