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Tag Archives: Brent crude

Oil prices surge on renewed supply concerns

New York, U.S. | Xinhua | Oil prices jumped on Thursday as supply worries returned to the market. The West Texas Intermediate (WTI) for April delivery added 7.94 U.S. dollars, or 8.4 percent, to settle at 102.98 dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery …

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Oil prices drop as supply worries ease

Hopes of a ceasefire in Ukraine are behind the slide in oil and gas prices New York, U.S. | Xinhua | Oil prices tumbled on Tuesday as concerns over supply disruptions eased. The West Texas Intermediate (WTI) for April delivery lost 6.57 U.S. dollars, or 6.4 percent, to settle at 96.44 …

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