Energy Commodities
Brent Crude Commodity Market Trades, Charts
*Brent rises above $75 to highest since Nov 2014. LONDON, April 24- World stocks steadied on Tuesday after three sessions of losses thanks to strong earnings from the likes of Google and as a rise in U.S. bond yields towards the key 3 percent level stalled, while oil prices stretched to fresh highs above $75 a barrel. European stocks opened broadly higher with...
*Prices also buoyed by looming threat of U.S. sanctions on Iran. SINGAPORE, April 24- Brent crude oil rose for a sixth day on Tuesday to hit its highest since November, 2014 at over $75 a barrel, buoyed by expectations that supplies will tighten just as demand reaches record levels. Brent crude futures marked $75.27 a barrel on Tuesday, their highest since Nov. 27, 2014.
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*Prices also buoyed by looming threat of U.S. sanctions on Iran. *Soaring U.S. output undermines OPEC's effort to tighten market. SINGAPORE, April 24- Brent crude oil rose for sixth day on Tuesday, passing $75 a barrel, on expectations that supplies will tighten because fuel is rising at the same time the United States may impose sanctions against Iran and OPEC- led...
BRENT CRUDE OIL FUTURES RISE TO $75 PER BARREL AS SUPPLIES TIGHTEN AMID STRONG DEMAND.
*Prices also buoyed by looming threat of U.S. sanctions on Iran. SINGAPORE, April 24- International oil prices hit their highest levels since late 2014 on Tuesday, pushed up by expectations of renewed U.S. sanctions against Iran and as OPEC continues withholding supplies amid strong demand. The United States has until May 12 to decide whether it will leave the Iran...
OIL PRICES EXTEND GAINS IN POST-SETTLEMENT TRADE; BRENT CRUDE UP.
NEW YORK, April 23- Global benchmark Brent crude turned positive on Monday, after dropping earlier after Iran's oil minister said OPEC would not extend its production cap pact if high crude oil prices continued. Iran's oil minister Bijan Zanganehsaid that if crude oil prices continued to rise, there would be no need to extend a pact between the Organization of...
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
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*But strong demand, OPEC cuts still support prices overall. Brent crude futures were down 49 cents at $73.57 a barrel by 0911 GMT, while U.S. "Underlying sentiment is bullish... we've got an important decision from Trump coming up in May and we have OPEC potentially trying to' overtighten' the market," Saxo Bank senior manager Ole Hansen said.
*But strong demand, OPEC cuts still support prices overall. *Trump accuses OPEC of "artificially" boosting oil prices. Brent crude futures were at $73.91 per barrel at 0630 GMT, down 15 cents, or 0.2 percent from their last close.
*But strong demand, OPEC cuts still support prices overall. *Brent in Russia's ruble, Iran's rial hits record high. *Trump accuses OPEC of "artificially" boosting oil prices.
*But strong demand, OPEC cuts still support prices overall. *Trump accuses OPEC of "artificially" boosting oil prices. Brent crude oil futures were at $73.89 per barrel at 0056 GMT, down 17 cents, or 0.2 percent, from their last close.
*But strong demand, OPEC cuts still support prices overall. Brent crude oil futures were at $73.87 per barrel at 0031 GMT, down 19 cents, or 0.3 percent, from their last close. Providing further support have been supply cuts led by the Organization of the Petroleum Exporting Countries introduced in 2017 with the aim of propping up prices, as well as by the potential of...
*Coming Up: Baker Hughes U.S. oil rig count at 1 p.m./ 1700 GMT (Recasts throughout, refreshes prices, adds comment, changes byline, updates dateline (previous LONDON). Brent crude oil futures were down 6 cents at $73.72 per barrel by 12:25 p.m. EDT ( 1625 GMT). "Looks like OPEC is at it again," Trump tweeted.
President Donald Trump criticised OPEC and said oil prices were artificially high, but they were still set for a weekly gain. Brent crude oil futures were at $73.01 per barrel at 1357 GMT, down 77 cents from their last close. "Looks like OPEC is at it again," Trump wrote in a post on Twitter.
President Donald Trump criticized OPEC and said oil prices were artificially high, but they were still set for a weekly gain. Brent crude oil futures were at $73.01 per barrel at 1357 GMT, down 77 cents from their last close. "Looks like OPEC is at it again," Trump wrote in a post on Twitter.
President Donald Trump criticized OPEC and said oil prices were artificially high, but they were still set for a weekly gain. Brent crude oil futures were at $73.26 per barrel at 1139 GMT, down 52 cents from their last close. "Looks like OPEC is at it again," Trump wrote in a post on Twitter.
President Donald Trump criticised OPEC and said oil prices were artificially high, but they were still set for a weekly gain. Brent crude oil futures were at $73.26 per barrel at 1139 GMT, down 52 cents from their last close. "Looks like OPEC is at it again," Trump wrote in a post on Twitter.
SINGAPORE, April 20- Oil prices on Friday stayed near three-year highs reached earlier this week, with ongoing OPEC- led supply cuts and strong demand gradually drawing down excess supplies. Brent crude oil futures were at $73.74 per barrel at 0657 GMT, down 4 cents from their last close. West Texas Intermediate crude futures were down 13 cents at $68.16 a barrel.
SINGAPORE, April 20- Oil dipped on Friday but stayed near three-year highs reached earlier this week, with ongoing OPEC- led supply cuts and strong demand gradually drawing down excess supplies. Brent crude oil futures were at $73.62 per barrel at 0547 GMT, down 16 cents, or 0.2 percent, from their last close. West Texas Intermediate crude futures were down 20 cents,...
