Brent Crude Oil

Markets

Oil prices jump the highest ever after attack cuts Saudi Arabian supplies

Brent jumped more than 19% on ICE Futures Europe to $71.95 a barrel, its biggest gain in percentage terms since 1991Gold, the yen and Treasuries also surged on concern over the geopolitical fallout from the attacks

3 min read16 Sep 2019
Industry

Petrol and diesel price dropped again. Check today's rates in top cities

The decline comes amid downward movement in global crude oil prices

1 min read23 Dec 2018
Industry

Oil prices rise on Asian stock rally, OPEC-led cuts

Oil prices climb by around 1% amid a stock market rebound and on expectations that an OPEC-led output cut for 2019 would stabilise the supply-demand balance

2 min read12 Dec 2018
Industry

Brent oil price sinks to $59.49 after OPEC delays output decision

Oil fell in choppy trading today after OPEC ended a key meeting having made no decision on crude output, as it prepared to debate the matter with other exporters the next day

2 min read6 Dec 2018
Industry

Oil prices poised for worst month in 10 years on spectre of supply glut

After reaching a four-year high in early October, crude prices have collapsed more than 30 percent, marking the worst crash since 2015

2 min read30 Nov 2018
Industry

Oil price extend losses as other markets fall, stockpiles climb

Oil prices fell to two-week lows on Thursday as it extended big losses from the previous session amid a rout in global stock markets

2 min read11 Oct 2018
Industry

Oil prices rise on US crude stock draw, supply concerns

Oil prices gain after news of another drawdown in US crude inventories and on signs that OPEC may not raise production enough to compensate for the loss of Iranian exports hit by US sanctions

1 min read20 Sep 2018
Industry

Oil prices slump 3% as Opec and Russia consider output boost

Brent crude futures fell $2.35, or 3%, to settle at $76.44 a barrel as Saudi Arabia and Russia discuss easing production cuts

2 min read26 May 2018
Home-page

Oil hits highest since November 2014 as Iran tensions mount

Oil prices rose about 2% today with US crude hitting its highest in more than three years as global supplies remained tight and the market awaited news from Washington on possible new US sanctions against Iran

2 min read4 May 2018
Industry

Oil prices rise on expected fall in US inventories, geopolitical tensions

Oil market investors were also closely following developments in the Middle East, where tensions in northern Iraq were threatening to disrupt oil flows

2 min read18 Oct 2017