Oil prices experienced an uptick in early trading on Monday following the U.S. interception of a Venezuelan oil tanker over the weekend. Brent crude futures increased by 44 cents, representing a 0.73% rise, reaching $60.91 per barrel by 0141. Meanwhile, U.S. West Texas Intermediate crude saw an uptick of 40 cents, or 0.71%, settling at Read More
Oil prices declined in early trading on Friday and were poised to end lower for the second consecutive week, as increasing expectations of a Russia-Ukraine peace agreement mitigated worries regarding supply interruptions stemming from a blockade of Venezuelan oil tankers. Brent crude futures declined by 9 cents, representing a 0.2% decrease, settling at $59.73 a Read More
Oil prices experienced a decline in early trading on Tuesday, compounding the losses from the previous session. This downturn coincided with a perceived strengthening of prospects for a peace deal between Russia and Ukraine, which has led to heightened expectations regarding a potential easing of sanctions. Brent crude futures experienced a decline of 24 cents, Read More
