The Brent crude July contract rose 76 cents to $82.12 a barrel. The more-active August contract closed up 73 cents at $81.84. US West Texas Intermediate (WTI) crude futures settled 85 cents, or 1.1 per cent, higher to $77.72. On Thursday, Brent closed at its weakest since February 7 and US WTI futures at their … Read more
Brent crude futures fell by $1.21, or 1.45 per cent, to $82.50 per barrel. US West Texas Intermediate crude (WTI) futures for June, slipped by $1.26, or 1.58 per cent, to $78.54. The more active July contract lost $1.09, or 1.37 per cent, to $78.21. The structure of the Brent contract is weakening in an … Read more
Oil prices settled nearly one per cent higher in the previous session, with global benchmark Brent crude recording its first weekly gain in three weeks, after bullish macroeconomic data indicators from the world’s top two oil consumers – China and the US – bolstered hopes for higher demand. Brent settled 71 cents higher, or 0.9 … Read more
Brent crude futures for July were last down 29 cents, or 0.35 per cent, to $83.38 a barrel. US West Texas Intermediate crude for June fell 37 cents, or 0.47 per cent, to $78.58 per barrel. Both benchmarks are set for weekly losses as investors are concerned that higher-for-longer interest rates will curb economic growth … Read more
Brent crude futures for June, which expire on Tuesday, were last down 60 cents, or 0.7 per cent, at $87.8 per barrel. The more active July contract fell 97 cents, or 1.1 per cent, to $86.21. The US West Texas Intermediate (WTI) crude futures were last down 83 cents, or one per cent, at $81.82 … Read more
Indian stock markets rebounded after two weeks of profit-taking and gained over a per cent. The week kicked off on an upbeat note, buoyed by positive cues from the global markets. However, volatility ensued as the week progressed, with the markets grappling with uncertainties surrounding mixed earnings. A sharp surge on Thursday further eased concerns … Read more