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2019-08-21 12:35:00

OIL PRICE: ABOVE $60

OIL PRICE: ABOVE $60

REUTERS - Brent crude oil futures rose above $60 a barrel on Wednesday after industry data showed a larger-than-expected drop in U.S. crude inventories, but lingering worries about a possible global recession capped gains.

Brent crude LCOc1 had gained 26 cents, or 0.43%, to $60.29 a barrel by 0900 GMT, after settling 0.5% higher on Tuesday, while U.S. crude CLc1 was up 3 cents, or 0.05%, at $56.16 a barrel.

U.S. crude oil stocks fell by 3.5 million barrels in the week to Aug. 16, data from industry group the American Petroleum Institute (API) showed…

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Earlier:

OIL PRICE: ABOVE $60
2019, August, 19, 11:50:00
OIL PRICE: NEAR $59 YET
Brent was up 55 cents, or about 0.9%, at $59.19 a barrel, WTI were up 57 cents, or 1%, at $55.44 a barrel.
OIL PRICE: ABOVE $60
2019, August, 16, 10:50:00
OIL PRICE: NEAR $59
Brent was up 52 cents, or 0.9%, at $58.75 a barrel , U.S. crude was up 65 cents, or 1.2%, at $55.12 a barrel
OIL PRICE: ABOVE $60
2019, August, 14, 12:25:00
OIL PRICE: NEAR $61 YET
Brent crude was down 46 cents, or 0.8%, at $60.84 a barrel at 0639 GMT, after rising 4.7% on Tuesday, the biggest percentage gain since December. U.S. oil was down 62 cents, or 1.1%, at $56.48 a barrel, having risen 4% the previous session, the most in just over a month.
OIL PRICE: ABOVE $60
2019, August, 13, 13:50:00
OIL PRICE: NEAR $58 ANEW
Brent crude futures were down 20 cents or 0.3% from the previous settlement at $58.29, WTI futures were at $54.69 per barrel
OIL PRICE: ABOVE $60
2019, August, 12, 13:30:00
OIL PRICE: NEAR $58
International benchmark Brent crude futures were at $58.16 a barrel by 0829 GMT, down 37 cents from their previous settlement. U.S. West Texas Intermediate (WTI) futures were at $53.89 per barrel, down 61 cents from their last close.
OIL PRICE: ABOVE $60
2019, August, 9, 13:15:00
OIL PRICE: ABOVE $57
Brent crude futures were at $57.80 a barrel by 0854 GMT, up 42 cents from their previous settlement. West Texas Intermediate (WTI) futures were at $52.80 per barrel, up 26 cents.
OIL PRICE: ABOVE $60
2019, August, 8, 11:25:00
OIL PRICE: BELOW $58
Brent crude had rebounded to $57.81 a barrel, up $1.58, or 2.81%, from its last close by 0634 GMT, while U.S. West Texas Intermediate (WTI) crude futures jumped $1.61, or 3.15%, to $52.70 a barrel.
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Tags: OIL, PRICE, BRENT, WTI
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OIL PRICE: ABOVE $60
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OIL PRICE: ABOVE $60
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OIL PRICE: ABOVE $60
2020, June, 5, 12:10:00
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OIL PRICE: ABOVE $60
2020, June, 5, 12:05:00
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OIL PRICE: ABOVE $60
2020, June, 5, 12:00:00
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