Global crude oil prices set a decline on Monday with International Brent crude & US WTI crude futures trading 1% down each. In addition, Brent crude plunged one percent. The Crude oil price benchmarks have fallen by about 3% since last week, hitting Read more
Crude Oil prices were stable on Wednesday on rising US supply, strong dollar drag and on hopes of a tighter market once US sanctions start targeting Iran’s petroleum industry from next month. WTI Crude futures spiked to a new 4-year Read more
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.