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Crude Latest News

  • Brent futures fell 49 cents, or 0.6%, to settle at $87.89 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 41 cents, or 0.5%, to settle at $85.14.
    Oil Slides On Friday, But Climbs For 5th Week On Supply Concerns
  • 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.
    Crude Prices Edge Lower, Though Supply Concerns Still Dominant
  • 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.
    Oil Up, Settles Near 7-Year Highs After Iraq-Turkey Pipeline Outage
  • Paris-based watchdog says buyer reluctance and sanctions on Russian crude could drive up inflation and undercut economic recovery
    IEA Says Market May Lose 3 Million Bpd Of Russian Oil Next Month
  • Crude oil exports from Kazakhstan's CPC terminal on Russia's Black Sea coast stopped fully on Wednesday after damage caused by a major storm and continued bad weather.
    Oil Jumps 5% As Caspian Pipeline Disruption Adds To Supply Fears