Tags » Oil Prices

Oil bounces back, but markets remain fragile amid trade disputes

CNBC

KEY POINTS

  • Brent crude futures, the international benchmark for oil prices, were at $68.50 per barrel at 0231 GMT, up 74 cents, or 1.1%, from their last close.
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Oil is just getting hammered today

LONDON — Oil prices dropped on Thursday, extending falls from the previous session as trade tensions dampened the demand outlook, putting the main benchmarks on course for their biggest daily and weekly falls in six months. 394 more words

Energy

Oil prices fall on surging US crude stockpiles, economic concerns

CNBC

KEY POINTS

  • Brent crude futures, the international benchmark for oil prices, were at $70.62 per barrel at 0109 GMT, down 37 cents, or 0.5 percent, from their last close.
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Mike Smyth: Horgan's gas-price inquiry shields his own government's taxes from scrutiny

Premier John Horgan is mad as hell about sky-high gas prices and he’s determined to do something about it. As long as it doesn’t involve reducing gas taxes, that is. 509 more words

Columnists

Why it (sort of) makes sense for the US to impose tariffs

Nearly everyone wonders, “Why is Donald Trump crazy enough to impose tariffs on imports from other countries? How could this possibly make sense?”

As long as the world economy is growing rapidly, it makes sense for countries to cooperate with each other. 3,500 more words

Financial Implications

Oil slides on rising US crude stockpiles, Saudi vow to keep market balanced

CNBC

KEY POINTS

  • Brent crude futures were down 38 cents, or 0.5 percent, at $71.80 at barrel by 0219 GMT, having risen 21 cents on Tuesday.
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Oil rises on escalating US-Iran tensions; trade war concerns weigh

CNBC

KEY POINTS

  • Brent crude futures, the international benchmark for oil prices, were at $72.03 per barrel at 0118 GMT, up 6 cents, or 0.1 percent, from their last close.
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