Oil Prices Ease as Trump, Putin Signal Push for Peace Deal Global oil prices edged lower on Monday as traders weighed geopolitical developments and U.S. monetary policy signals. Brent crude slipped 26 cents, or 0.39%, to $65.59 a barrel by 0028 GMT, while U.S. West Texas Intermediate (WTI) crude fell 18 cents, or 0.29%, to […]
Oil Prices Fall as OPEC+ Increases Production LONDON – Oil prices dropped slightly on Monday after OPEC+ decided to increase oil production. Brent crude oil fell 40 cents to $69.27 per barrel, and U.S. West Texas Intermediate (WTI) dropped 37 cents to $66.96 per barrel. This came after both prices fell about $2 on Friday. […]
Brent crude futures rose 50 cents, or 0.6%, to $82.42 a barrel at 0630 GMT, while U.S. West Texas Intermediate (WTI) crude futures gained 62 cents, or 0.8%, to $78.52. The EIA raised its 2024 world oil demand growth forecast to 1.10 million barrels per day from a previous estimate of 900,000 bpd, while the […]
Brent crude futures fell 44 cents, or 0.53%, to $83.27 a barrel by 0313 GMT. US West Texas Intermediate crude (WTI) slipped 51 cents, or 0.64%, to $79.29 a barrel. Both benchmarks fell less than 1% on Monday as US Federal Reserve officials said they were awaiting more signs of slowing inflation before considering interest […]
A potential price hike for gasoline and diesel is a concern as Pakistan gets ready for the general elections that are scheduled for February 8. Although the Prime Minister Anwaarul Haq Kakar’s interim government has been lowering gas prices, there is currently discussion of a large increase of Rs 7 per litre. In the event […]
