Benchmark Brent

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  Oil Edges Up After U.S. Stock Build, Big Inflation Figure

  Global benchmark Brent is down sharply since hitting $139 in March, which was close to the all-time high in 2008, as investors have been selling oil of late on worries that aggressive rate hikes to stem inflation will slow economic growth and hit oil demand.

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  Crude Prices Edge Lower, Though Supply Concerns Still Dominant

  The global benchmark rose to $89.17 on Wednesday, its highest level since October 2014; the benchmark is up 13% on the year so far.

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  Oil Up, Settles Near 7-Year Highs After Iraq-Turkey Pipeline Outage

  Brent crude futures settled up 93 cents, or 1.1%, at $88.44 a barrel. The global benchmark earlier touched $89.13, its highest level since Oct. 13, 2014.

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  U.S. Oil Busts Through $90/Bbl For First Time Since 2014

  Global benchmark Brent crude settled at $91.11 a barrel, up $1.64, or 1.8%, while West Texas Intermediate crude soared $2.01, or 2.3%, higher to end at $90.27 a barrel, the first time the U.S. benchmark has closed above the $90-level since Oct.6, 2014.

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  U.S. Oil Busts Through $90/Bbl For First Time Since 2014

  Oil prices surged in late-day trading Thursday, sending the U.S. crude benchmark through $90 a barrel for the first time since 2014 due to ongoing supply worries and as frigid weather cascades across the United States.

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  Crude Prices Edge Lower, Though Supply Concerns Still Dominant

  The global benchmark rose to $89.17 on Wednesday, its highest level since October 2014; the benchmark is up 13% on the year so far.

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  Oil Up, Settles Near 7-Year Highs After Iraq-Turkey Pipeline Outage

  Brent crude futures settled up 93 cents, or 1.1%, at $88.44 a barrel. The global benchmark earlier touched $89.13, its highest level since Oct. 13, 2014.

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  India's HPCL Chair Says 'High' Crude Prices Could Weigh On Fuel Demand

  Oil futures have been trading near multi-year highs due to a global energy supply crunch, with the Brent crude benchmark at $84.30 a barrel on Wednesday.

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  Oil Hovers Below Recent Highs, Ends Week Up

  Brent crude futures rose 92 cents, or 1.1%, to settle at $85.53 a barrel. The benchmark, which touched a three-year high of $86.10 on Thursday, was up 1% in the week, its seventh weekly gain.

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  Oil's Losing Streak Hits Six Days, Benchmarks Touch May Lows

  Brent volumes were above 330,000 contracts, while volumes for the most-active WTI contract were more than 450,000, the highest since July 20.

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  Oil Falls In Biggest Weekly Decline In Months On Demand Worries

  For the week, global benchmark Brent shed more than 6%, its largest week of losses in four months, and U.S. West Texas Intermediate (WTI) tumbled nearly 7% in its biggest weekly decline in nine months.

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  Oil Falls In Biggest Weekly Decline In Months On Demand Worries

  For the week, global benchmark Brent shed more than 6%, its largest week of losses in four months, and WTI tumbled nearly 7% in its biggest weekly decline in nine months.

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  Crude Oil Prices Steady As Investors Avoid Risk Assets On Equities Decline

  Both global benchmark oil futures fell sharply on Wednesday after crude and gasoline inventories in the United States rose unexpectedly.

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  Tumbling Oil Trades Below $30 A Barrel For First Time In 12 Years

  Oil fell briefly below the widely watched $30-per-barrel level on Tuesday, extending a selloff that has sliced almost 20 per cent off prices this year amid deepening concerns about fragile Chinese demand and the absence of output restraint.