Tag Archives: International

The Next Move in Oil Prices May Be Down, Not Up

Benchmark Brent crude prices have risen by 128% from their April low, remaining above $40 a barrel since the middle of June. But rising supply and faltering demand bode ill for those who want oil prices to keep climbing. The OPEC+ group of oil producers, who have implemented unprecedented output …

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Oil Prices Fall on US-China Tensions

Oil prices fell on Friday, pressured by tensions between the United States and China, but some supportive economic data in Europe tempered losses. Brent crude futures fell 34 cents to $42.97 a barrel by 1:11 p.m. EDT (1711 GMT). US West Texas Intermediate (WTI) crude futures slipped 18 cents to …

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