Brent Crude
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Oil Rebounds as Dollar Dips
EghtesadOnline: Oil rebounded on Friday as the dollar dipped, but prices were on track for a steep weekly decline on concerns about weakening demand in China and further interest rate hikes by…
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Oil Prices Mixed as Virus Spike Casts Shadow Over US Demand
EghtesadOnline: Oil prices offered up a mixed market snapshot on Monday, with Brent crude edging higher, supported by tighter supplies, while US benchmark WTI futures dropped on concern that…
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Biggest Oil Price Surge Since 1991
EghtesadOnline: Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the Persian Gulf War in 1991, after an attack on Saudi oil facilities on Saturday…
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Oil jumps three percent as dollar falls, U.S. rig count drops
EghtesadOnline: Oil prices rose sharply on Friday, as the dollar fell and U.S. drillers cut rigs, feeding a rally that boosted global benchmark Brent crude to a weekly gain while U.S. crude was…
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North Sea Oil and Gas Drilling Activity Plunges to All-Time Low
EghtesadOnline: The number of rigs drilling for oil and gas in the North Sea, home of the Brent crude benchmark, plunged in September to the lowest in nearly 35 years as companies cut spending…