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Following the results of the last week, Brent crude oil fell by 1.5%, WTI - by 2.7%. The seven-week drop for WTI is the longest period of decline since 2015. Brent is losing in price for the third consecutive week. On Friday, oil prices rose on expectations of a resumption of strikes on Total fields developed in the North Sea. October futures for Brent crude on Friday went up by 30 cents to 71 dollars 73 cents per barrel. The price of September futures for WTI crude oil rose by 37 cents to 65 dollars 83 cents per barrel. The trade union of workers of oil and gas industry has announced the staging of another strike at three Total deposits in the North Sea.
Oil traded higher on Friday, further reclaiming lost ground from three-week lows in the previous session as the COVID-19 situation continued to dent the global economy as well as oil consumption. Brent crude gained 0.3%, trading at $43.08 ...
Oil prices fell on Thursday as the rising global coronavirus cases weighed on fuel demand recovery just as OPEC+ producers are set to increase supply. The Brent contract for October slid 0.05%, or 2 cents, at $44.07 per barrel, while the September ...
Oil prices climbed on Wednesday after U.S. crude inventories fell against analysts’ expectations, prompting a boost in the market amid the coronavirus resurgence. Brent crude futures gained 0.3%, or 14 cents, at $43.36 per barrel. U.S. ...
Oil prices gained for the third day on Tuesday, supported by a bounce in demand from efforts to lift the U.S. economy as it struggles to recover from the coronavirus pandemic. Prices were also buoyed by a weakening dollar, making it ...
On Monday, the Australian Competition and Consumer Commission (ACCC) filed a case against Google (GOOGL) in federal court after allegations that the multinational technology company misled its consumers about the expanded use of their personal ...
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