News on AIR

September 27, 2023 6:44 PM

Brent crude prices rise more than 1% today

Brent crude prices rose more than one percent today as markets focused on supply tightness heading into winter and a soft landing for the U.S. economy. In intra-day trade, Brent crude was trading at 95 dollars and 20 cents per barrel. West Texas Intermediate crude price was at 91 dollars and 92 cents per barrel when reports last came in....

September 13, 2023 4:31 PM

Crude prices trade above 85 dollars per barrel in recent weeks

Supply cuts by oil-producing countries to keep crude prices elevated. Crude oil prices have gained momentum since July after Saudi Arabia, the world's largest producer of crude oil, slashed supply by an additional one million barrels per day. Crude prices are trading above 85 dollars per barrel in recent weeks. In intra-day trade, Brent crude was trading at 92 dollars and 50 cents per barrel. West Texas Intermediate crude price was at 89 dollars a...

July 5, 2023 6:08 PM

Brent crude trades marginally lower amid concern over global economic slowdown

Brent crude was trading marginally lower today amid concern over a global economic slowdown which overshadowed supply cuts announced this week by top crude exporters Saudi Arabia and Russia. In intra-day trade, Brent crude was trading at 76 dollars and 20 cents a barrel. West Texas Intermediate crude price was at 71 dollars 25 cents per barrel when reports last came in. ...