Brent erased its 2024 gains as concerns about demand in the world’s two biggest economies overshadow heightened geopolitical risks.
September 3, 2024Business, Fuel
Brent Crude Tumbles Below $75 a Barrel, Erasing 2024 Gains
Business, Fuel
Brent Oil Falls Below $80 a Barrel for First Time Since June
Brent crude slumped below $80 a barrel for the first time since June 10, driven by algorithmic trading and signs of poor demand from China, the world’s top oil importer.
July 29, 2024Government, Business, Fuel
Oil Soars Past $100 After Russia Attacks Ukraine
Oil surged above $105 a barrel for the first time since 2014 after Russia attacked sites across Ukraine, triggering fears of a disruption to energy exports at a time of already tight supplies.
February 24, 2022Government, Business, Fuel
Oil Tops $70 a Barrel for First Time Since 2019
Oil resumed its advance, reaching the highest settlement in more than two years with the OPEC+ alliance forecasting a tightening global crude market and a nuclear deal with Iran still up in the air.
June 1, 2021Government, Business, Fuel
Oil Extends Weekly Gain; Brent Pushes Toward $60 a Barrel
Oil set a fresh one-year high in New York with continued producer supply curbs helping spur strength everywhere from physical markets to the futures curve.
February 5, 2021Government, Business, Fuel
Oil Jumps to One-Year High on Depleting Supplies
Oil climbed to the highest level in over a year as tightening global supplies and signs of strength in physical markets aided crude’s virus-recovery rally.
February 2, 2021Business, Fuel
Oil Retreats on Speculation Global Supply Glut to Endure
Oil dropped a third day in London May 11 amid speculation that a global oversupply will persist.
May 11, 2015