Prices

Oil

Oil tops $104 on Ukraine fears

NEW YORK (AP) — The price of oil rose past $104 per barrel Thursday on worries over the upheaval in Ukraine.

Benchmark U.S. crude for May delivery rose 54 cents to close at $104.30 a barrel in New York.

Brent crude, an international benchmark used to price oil used by many U.S. refineries, was down 7 cents to close at $109.53 a barrel for June delivery in London.

Oil

US benchmark crude back over $104 on Ukraine concerns, demand expectations

Source: 
Reuters

Anticipating an increase in oil demand from the latest U.S. and Chinese data, as well as continued concerns over the Ukraine crisis, benchmark crude for May delivery gained 45 cents to $104.21 in electronic trading on Nymex, while in London Brent crude was up 7 cents to $109.67 in Thursday morning trading, Reuters reports.

Oil

WTI steady on higher inventories but Brent up on Ukraine worries

Source: 
Bloomberg

Benchmark West Texas Intermediate crude gained 1 cent to settle at $103.76 a barrel on the Nymex after the Energy Information Administration reported a hike in U.S. inventories last week, while in London Brent rose 24 cents to close at $109.60 a barrel, the highest level in six weeks, according to Bloomberg.

Oil

Oil jumps on renewed Ukraine concerns

Source: 
Reuters

With rhetoric growing more heated ahead of Ukraine talks set for Thursday, oil prices were back on the rise. WTI increased 88 cents Wednesday in electronic trading on the Nymex to $104.63 a barrel, while in London Brent crude hit $110 a barrel midmorning local time, Reuters reports.

Oil

WTI below $104 on predictions of supply increase

Source: 
Bloomberg

West Texas Intermediate dipped Tuesday on predictions that U.S. inventories increased last week, with the contract for May delivery closing down 30 cents to $103.75 a barrel on the Nymex. In London, Brent fell 33 cents on the final day of the May contract, to $108.74, Bloomberg reports.

Oil

Oil dips, traders await data, pause to consider developments in Ukraine, Libya

Source: 
Reuters

The price of crude oil slipped Tuesday a day after zooming higher, with U.S. benchmark crude dropping 96 cents to $103.09 in electronic trading on Nymex, and Brent losing 36 cents in London to $108.71 in midday trading, Reuters reports.

Oil

'Upstage' in Ukraine unrest boosts oil prices, WTI over $104

Source: 
Bloomberg

Oil prices gained gain Monday as unrest continued in Ukraine, with domestic WTI crude for May delivery up 31 cents to close at $104.05 a barrel on the New York Mercantile Exchange, while in London Brent crude jumped $1.74 to $109.07 a barrel, the highest settlement since March 4, Bloomberg reports.

Oil

Crude rises on continued Ukraine tensions

Source: 
Bloomberg

Crude oil prices jumped Monday as the crisis in Ukraine continues, with West Texas Intermediate jumping 0.8 percent to $104.55 a barrel in electronic trading on Nymex, while Brent gained to hit a two-week high, up $1.05 to $108.38 in London, Bloomberg reports.

Oil

Oil higher on strong consumer confidence

Source: 
Bloomberg

Crude oil prices increased on strong consumer confidence and increasing gasoline demand, making its biggest weekly gain for the year, Bloomberg reports, noting that West Texas Intermediate was up 34 cents on the Nymex, at $103.74 a barrel. In London, Brent crude made smaller gains for the week, slipping 13 cents today, to $107.33.

Oil

Oil extends losses on China slowdown signs

The price of oil fell further on Friday as recent signs of sputtering economic growth in China suggested demand for crude could weaken. Other factors influencing crude supplies included a report that U.S. crude reserves rose to a 38-year high and the delayed reopening of export terminals in Libya.

Benchmark crude for May delivery was down 20 cents to $103.20 a barrel at 0740 GMT in electronic trading on the New York Mercantile Exchange. The contract fell 20 cents to settle at $103.40 a barrel on Thursday.

Brent crude, a benchmark for international oil prices, slipped 23 cents to $107.29 a barrel on the ICE Futures exchange in London.

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