Crude Oil Price: News, Photos, Latest News Headlines about Crude Oil Price

Oil jumps as Trump talks up truce hopes for Saudi-Russia price war

April 02, 2020 10:21 am

Brent crude futures rose 5.9 per cent, or $1.46, to $26.20 as of 0418 GMT, while US West Texas Intermediate (WTI) crude futures were up 4.6 per cent or 94 cents, at $21.25.

Coronavirus outbreak: Crude oil prices rises as OPEC, allies work on big cut as demand slumps

Oil prices fall as US inventory build-up heightens oversupply concerns

April 01, 2020 11:33 am

As of 0345 GMT, Brent crude was down by 47 cents, or 1.8%, at $25.88 a barrel. US West Texas Intermediate crude was up 12 cents, or 0.6%, at $20.6 a barrel, an uptick analysts said was driven by position building at the start of a the new quarter.

Oil rebounds from 18-year lows after US, Russia agree to talks

March 31, 2020 11:21 am

Brent crude was up by 43 cents, or 1.9%, at $23.19 a barrel by 0406 GMT, after closing on Monday at $22.76, its lowest finish since November 2002.

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Crude oil futures drop as pandemic darkens demand outlook

March 30, 2020 11:09 am

US West Texas Intermediate (WTI) crude futures fell as far as $19.92, near an 18-year low hit earlier this month, and was last trading down 5.4%, or $1.17, at $20.34 a barrel.

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Indian refiners getting rare oil cheap as China demand slows

February 24, 2020 1:22 pm

Refiners in India, the world's third-biggest oil importer, rarely get the opportunity to buy suitable grades from areas like the Mediterranean and Latin America due to higher freight rates.

Oil rises on supply worries, while virus-led demand concerns ease

February 20, 2020 9:43 am

Tensions in Libya that have led to a blockade of its ports and oilfields have shown no signs a resolution, while US sanctions on a subsidiary of Russian state oil major Rosneft to cut Venezuelan crude from the market have helped rekindle global oil supply worries.