U.S.

Crude Oil

Oil remained relatively stable as investors monitor discussions between Iran and the United States, alongside data emerging from China. Oil prices exhibited stability as investors closely observed the ongoing Iran-U.S. nuclear negotiations while anticipating significant economic data from China in the context of prevailing trade tensions. Brent crude experienced a modest decline, settling at $65.36 per Read More

Crude Oil Prices

Oil prices held firm on Friday following a prior increase, supported by the alleviation of U.S.-China trade tensions and the establishment of a new trade agreement between the U.S. and Britain. Brent crude is currently priced at $62.91 per barrel, whereas WTI stands at $59.98. The U.S. and China are set to convene in order Read More

Oil Production

Oil prices rise amid indications of increased demand from Europe and China, coupled with a reduction in US production. Brent crude futures increased by 37 cents a barrel, representing a 0.6% rise, reaching $62.52 a barrel by 1215 GMT. Meanwhile, U.S. West Texas Intermediate crude stood at $59.53 a barrel, up by 44 cents, or Read More