prices

WORLD

Oil Prices Rise on Signs of Tighter U.S. Supply

Oil prices saw a rise on Wednesday morning, driven by early data showing a bigger-than-expected drop in U.S. crude inventories. This suggests either a tightening supply or a boost in demand from the world’s largest oil consumer. According to Bloomberg, U.S. crude stockpiles decreased by 4.2 million barrels for the week ending August 1, reversing […]

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WORLD

Oil prices rose slightly as markets await data on the U.S. job market

The price of Brent crude is trading above $80 per barrel. The price of American light crude WTI for the July contract reached $75.78 per barrel. Oil prices continued to rise on Friday, with Brent returning above the $80 per barrel mark (159 liters). It briefly surpassed this level during Thursday’s trading (June 6), but […]

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