Search result for West Texas Intermediate
Oil Prices Spike as Dollar Drops but Interest Rates Continue to Rise.
Supply fears, stronger Equity markets, and a fall in the U.S dollar have resulted in oil prices rising above 1% from Monday.
Due to some fearing that rising interest could lower the demand for fuel, the increase in oil prices varies. The price of Brent Crude Futures per barrel for Septe...
As a Russian supply shortage looms, oil prices soar to multi-year highs
Oil prices soared on Friday, reaching multi-year highs as Russia's invasion of Ukraine progressed and oil importers avoided supplies from the world's second-largest crude supplier. Crude prices have seen their biggest weekly rise since the middle of 2020, with the Brent benchmark up 21% a...