Tags » West Texas Intermediate
SINGAPORE, Dec 4 (Reuters) – Brent crude climbed towards $113 a barrel on Wednesday, while the U.S. benchmark rose more than $1 to a five-week high after news of the scheduled start of a key pipeline helping to relieve a supply bottleneck at the country’s main oil storage hub. 453 more words
Brent crude fell for a second day, reducing its premium over West Texas Intermediate futures as the euro slid against the dollar.
The European benchmark pared its second monthly gain as the euro declined after climbing to a November high in intraday trading. 667 more words
Crude oil prices displayed a mixed undertone on Wednesday on the back of a rise in US crude and gasoline inventories on the one hand and a decline in the value of the US dollar on the other. 162 more words