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2020-04-02 15:05:00

OIL PRICE: NEAR $27

OIL PRICE: NEAR $27

REUTERS - APRIL 2, 2020 - Crude oil futures jumped 10% on Thursday after U.S. President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their oil price war.

Brent crude futures rose more than 11% in early trade. By 1132 GMT, Brent was up 10.75%, or $2.66, to $27.40, while U.S. West Texas Intermediate (WTI) crude futures rose 10.09% or $2.05, to $22.36.

Trump said he had talked recently with the leaders of both Russia and Saudi Arabia and believed…

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Earlier:

OIL PRICE: NEAR $27
2020, April, 1, 13:05:00
OIL PRICE: NEAR $25
Brent was down $1.45, or 5.5%, at $24.90. WTI was down 27 cents, or 1.3%, at $20.21.
OIL PRICE: NEAR $27
2020, March, 31, 13:50:00
OIL PRICE: NEAR $23 YET
Brent was up by 61 cents, or 2.7%, at $23.37 a barrel, WTI was up by $1.04, or 5.2%, at $21.13 a barrel
OIL PRICE: NEAR $27
2020, March, 30, 10:25:00
#OilPriceWar AGAINST U.S.
A group of six U.S. senators wrote a letter to Secretary of State Mike Pompeo this week saying Saudi Arabia and Russia “have embarked upon economic warfare against the United States” and were threatening U.S. “energy dominance”.
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2020, March, 30, 10:20:00
#OilPriceWar: OPEC+: THE NEW AGREEMENT
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2020, March, 30, 10:15:00
#OilPriceWar LOSSES $192 BLN
Oil exporters in the Middle East and North Africa region will lose $192 billion in crude income in 2020
OIL PRICE: NEAR $27
2020, March, 27, 13:55:00
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Russia ramped up measures to combat the virus on Wednesday, with Russian President Vladimir Putin announcing that next week would be a paid non-working week throughout the country.
OIL PRICE: NEAR $27
2020, March, 26, 11:35:00
#OilPriceWar: CHINA WINS
China is saving about $250mn a day after crude prices crashed this year amid dual demand and supply shocks.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: NEAR $27
2020, June, 4, 11:14:00
MASTERING ENERGY STORAGE & CHARGING ELECTRIC VEHICLES WORKSHOP
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2020, June, 4, 11:13:00
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2020, June, 4, 11:12:00
OIL and GAS RUSSIA and CIS ONLINE
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2020, June, 4, 11:10:00
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2020, June, 4, 11:05:00
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OIL PRICE: NEAR $27
2020, June, 4, 11:00:00
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OIL PRICE: NEAR $27
2020, June, 3, 13:10:00
OIL PRICE: NEAR $40
Brent were up 59 cents, or 1.5%, at $40.16 a barrel, WTI gained 80 cents, or 2.2%, to $37.61.
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