Brent Crude Tumbles Below $75 a Barrel, Erasing 2024 Gains
Brent erased its 2024 gains as concerns about demand in the world’s two biggest economies overshadow heightened geopolitical risks.
September 3, 2024Brent Oil Falls Below $80 a Barrel for First Time Since June
Brent crude slumped below $80 a barrel for the first time since June 10, driven by algorithmic trading and signs of poor demand from China, the world’s top oil importer.
July 29, 2024Oil Soars Past $100 After Russia Attacks Ukraine
Oil surged above $105 a barrel for the first time since 2014 after Russia attacked sites across Ukraine, triggering fears of a disruption to energy exports at a time of already tight supplies.
February 24, 2022Oil Tops $70 a Barrel for First Time Since 2019
Oil resumed its advance, reaching the highest settlement in more than two years with the OPEC+ alliance forecasting a tightening global crude market and a nuclear deal with Iran still up in the air.
June 1, 2021Oil Extends Weekly Gain; Brent Pushes Toward $60 a Barrel
Oil set a fresh one-year high in New York with continued producer supply curbs helping spur strength everywhere from physical markets to the futures curve.
February 5, 2021Oil Jumps to One-Year High on Depleting Supplies
Oil climbed to the highest level in over a year as tightening global supplies and signs of strength in physical markets aided crude’s virus-recovery rally.
February 2, 2021Oil Retreats on Speculation Global Supply Glut to Endure
Oil dropped a third day in London May 11 amid speculation that a global oversupply will persist.
May 11, 2015