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Brent Oil - Crude Oil Propels High, Following Effect Of Hurricane Ida

The U.S Gulf of Mexico has been shut off to offshore oil production for around three-quarters of a year, or roughly 1.4 million barrels per day, the amount of oil production Nigeria produces as an ...

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Commodity wrap on September 13: Crude oil, aluminium futures rise; agri pack struggles

In the commodity market, crude oil and aluminium futures were in high demand, whereas Nickel and rubber witnessed a fair bit of selling. Gold and silver were trading mixed in the India market, whereas ...

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Oil Rises as U.S. Supply Limps Back After Historic Ida Battering

Oil climbed above $70 a barrel in New York after three weeks of gains as investors tracked the slow restoration of supplies in the Gulf of Mexico and the outlook for demand and inventories over the ...

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Oil Jumps as USA Supply Limps Back

Oil climbed above $70 a barrel after a run of three weekly gains as investors tracked the slow restoration of supplies in the Gulf of Mexico and the outlook for demand and inventories over the fourth ...

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EIA trims global oil demand, price forecast

Brent crude oil spot prices averaged $71 per barrel in August, down $4/b from July but up $26/b from August 2020. Brent prices have risen over the past year as a result of steady draws on global ...

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