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2019-08-12 13:30:00

OIL PRICE: NEAR $58

OIL PRICE: NEAR $58

REUTERS - Oil prices fell on Monday amid worries about an economic slowdown and the U.S.-China trade war, which have led to a cut in the outlook for global oil demand.

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.

Both benchmarks fell last week, with Brent losing more than 5% and WTI falling about…

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Earlier:

OIL PRICE: NEAR $58
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: NEAR $58
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.
OIL PRICE: NEAR $58
2019, August, 7, 12:25:00
OIL PRICE: BELOW $59
Brent crude futures LCOc1 were down 11 cents, or nearly 2%, at 0823 GMT to set a fresh seven-month low. Prices have lost more than 20% since hitting their 2019 peak in April. U.S. West Texas Intermediate (WTI) crude futures CLc1 were flat at $53.63.
OIL PRICE: NEAR $58
2019, August, 6, 12:45:00
OIL PRICE: NEAR $60
International benchmark Brent futures LCOc1 were up 28 cents at $60.09 a barrel by 0910 GMT, having dipped earlier in the session to their lowest since Jan. 14 at $59.07. West Texas Intermediate crude CLc1 futures rose 38 cents to $55.07 per barrel.
OIL PRICE: NEAR $58
2019, August, 5, 13:45:00
OIL PRICE: NEAR $61
Brent crude futures LCOc1 were down 71 cents, or 1.15%, to $61.18 per barrel by 0840 GMT. U.S. West Texas Intermediate (WTI) crude futures CLc1 were also down 71 cents, or 1.28%, to $54.95 a barrel.
OIL PRICE: NEAR $58
2019, August, 2, 12:05:00
OIL PRICE: BELOW $62
Brent futures rose $1.21, or 2%, to $61.71 a barrel by 0657 GMT, while WTI futures gained 87 cents, or 1.6%, to $54.82 a barrel.
OIL PRICE: NEAR $58
2019, August, 1, 12:15:00
OIL PRICE: BELOW $65
Brent crude futures, LCOc1 the international benchmark, fell 68 cents, or 1%, to $64.37 a barrel by 0709 GMT, having fallen more than $1 earlier in the session. U.S. West Texas Intermediate (WTI) CLc1 crude was down 72 cents, or 1.2%, at $57.86 a barrel, also having dropped more than a $1 earlier.
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Tags: OIL, PRICE, BRENT, WTI
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OIL PRICE: NEAR $58
2020, September, 21, 12:00:00
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OIL PRICE: NEAR $58
2020, September, 21, 11:55:00
U.S. CARRENT ACCOUNT DEFICIT $170.5 BLN
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OIL PRICE: NEAR $58
2020, September, 21, 11:50:00
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