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2019-07-02 15:00:00

OIL PRICE: NEAR $65 YET

OIL PRICE: NEAR $65 YET

REUTERS - Oil prices slipped on Tuesday as concerns that the global economy could be slowing outweighed an agreement by OPEC and allies, including Russia, to extend supply cuts until next March.

Brent crude futures LCOc1 were down 15 cents, or 0.23%, at $64.91 a barrel by 1110 GMT.

U.S. crude futures for August CLc1 were down 12 cents, or 0.20%, at $58.97 a barrel, after touching their highest in more than five weeks on Monday.

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Earlier:

OIL PRICE: NEAR $65 YET
2019, July, 1, 12:05:00
OIL PRICE: ABOVE $66
Front-month Brent crude futures touched an intraday high of $66.75 a barrel and were up $1.80 at $66.54 a barrel by 0834 GMT. U.S. crude futures for August climbed $1.57 to $60.04 a barrel, after earlier hitting their highest in over five weeks at $60.28.
OIL PRICE: NEAR $65 YET
2019, June, 28, 12:15:00
OIL PRICE: ABOVE $65 YET
Brent crude futures were down 35 cents, or 0.5%, at $66.20 per barrel, WTI crude CLc1 futures were down 30 cents, or 0.5%, at $59.13 a barrel.
OIL PRICE: NEAR $65 YET
2019, June, 27, 18:40:00
OIL PRICE: ABOVE $65
Brent crude was down 11 cents at $66.38 by 1321 GMT. U.S. West Texas Intermediate crude fell 26 cents to $59.12.
OIL PRICE: NEAR $65 YET
2019, June, 26, 14:10:00
OIL PRICE: NEAR $65
Front-month Brent crude futures were up 84 cents at $65.89 per barrel by 0948 GMT. WTI crude futures were at $58.91 per barrel, up $1.08 from their last settlement.
OIL PRICE: NEAR $65 YET
2019, June, 25, 13:00:00
US, IRAN SANCTIONS ANEW
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OIL PRICE: NEAR $65 YET
2019, June, 25, 12:55:00
US CAN CLOSE HORMUZ
U.S. President Donald Trump said on Monday that other countries, including China and Japan, should protect their own oil tankers in the Middle East.
OIL PRICE: NEAR $65 YET
2019, June, 25, 12:50:00
U.S. FINANCIAL RISKS UP
In addition, a number of medium-term risks are growing. The financial system appears healthy but vulnerabilities in leveraged corporates and, potentially, in the nonbank system are elevated by historical standards. An abrupt reversal of the recent supportive financial market conditions or a deepening of ongoing trade disputes represent material risks to the U.S. economy, with concomitant negative outward spillovers. The U.S. public debt-to-GDP ratio is on an unsustainable path and is expected to continue rising throughout the medium-term, as aging related spending rises.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
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2020, September, 24, 12:09:00
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OIL PRICE: NEAR $65 YET
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OIL PRICE: NEAR $65 YET
2020, September, 23, 15:15:00
OIL PRICE: BELOW $42 ANEW
Brent rose 23 cents or 0.6% to $41.95, WTI was up 13 cents or 0.3% at $39.93 a barrel.
OIL PRICE: NEAR $65 YET
2020, September, 23, 15:10:00
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