Crude oil futures stayed supported in last session as prospects of possible fall in supply after implementation of sanctions on Iran from early November weighted down on investors’ sentimentsContinue reading
Crude oil markets scored their fourth-consecutive weekly gain for their longest winning rally since May 2018. As per latest data this week, it shows the biggest weekly US crude stock build in 1 ½ years, oil has lost some of its upward momentum.Continue reading
Crude Oil prices were stable on Wednesday on rising US supply, strong dollar drag and on hopes of a tighterContinue reading
Brent crude oil futures were trading up 3% at USD 83.24 per barrel on early trade, on Monday. This rise is marked as its highest level since November 2014.
WTI crude futures of US were up 0.5%, at USD 73.62 per barrel. The up-trend of Brent Crude was driven up by the looming sanctions against Iran, which will begin targeting its oil sector from 4th November.Continue reading