Brent Crude Hits Five-Month High At $46
The international oil benchmark, Brent crude, nudged up on Monday, posting its fifth straight monthly gain, as global stimulus measures underpin prices even as demand struggles to return to pre-COVID levels in a well-supplied market.
Brent crude futures for...
Oil Price Nears $46, Highest In Five Months
The international oil benchmark, Brent crude, rose on Wednesday to its highest since early March after a large decline in the United States’ crude inventories and supported by a weak dollar.
Brent, which plunged to as low as...
Global oil benchmark, Brent crude, fell by five per cent to a two-month low on Thursday after the United States government reported a weekly crude draw within analysts’ forecasts, disappointing market bulls who had expected larger declines.
Brent, against which half of the world’s oil...