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Oil Update For Today: Brent crude futures settled higher, up 64 cents or 0.77% at USD 83.67 a barrel. U.S. West Texas Intermediate crude futures settled higher, up 70 cents or 0.9% at USD 78.61 a barrel.
HOUSTON: Oil futures settled higher on Thursday (Feb 22) as hostilities continued in the Red Sea with Iran-aligned Houthis stepping up attacks near Ye...
NEW YORK: Oil prices settled lower on Tuesday (Feb 20), with worries about global demand offsetting price support from the Israel-Hamas conflict. Bren...
Oil dips as demand outlook remains uncertain
Oil futures sank by US$1 a barrel on Wednesday as surging US crude inventories pushed down prices and a possible security threat to the US that might dampen oil demand in the world's largest economy.