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...Brent crude, the international oil benchmark, rose as much as 4.3 per cent to $80.75 a barrel, the highest level so far in 2024, before easing slightly....
...The latest change also weighed on oil prices, with Brent dropping almost 2 per cent to $80.53 a barrel....
...Brent, the international benchmark, rose 0.7 per cent to a high of $80.05 a barrel, taking gains since the start of the month to around 10 per cent....
...Brent crude, the international benchmark, was down 4.6 per cent at $78.84 a barrel in New York morning trading, while West Texas Intermediate, the US benchmark, fell 4.8 per cent to $74.22 a barrel....
...The move, which comes after the meeting was delayed from Sunday as Saudi Arabia pushed members to make additional production cuts, boosted Brent crude above $84 a barrel — up about 1.4 per cent on the day...
...The company received on average about $3.50 a barrel over the benchmark Brent crude price “driven by sales in Asia”, Borkhataria said. Additional reporting by Will Langley in Hong Kong...
...Brent, the international crude oil benchmark, fell nearly 5 per cent before rebounding to trade 2.3 per cent lower at $78.62 a barrel, while West Texas Intermediate, the US benchmark, fell 2.6 per cent to...
...Brent crude, the international benchmark, had risen as high as $87.80 a barrel in early trading but reversed to fall 1.4 per cent to trade below $86 a barrel, as Nasrallah distanced the Lebanese militant...
...Brent crude has risen only slightly this week from $77 to $78 a barrel. BP said its vessels will avoid the route....
...Brent, the international crude oil benchmark, fell 1.8 per cent to $78.26 a barrel on Thursday while the US benchmark, West Texas Intermediate, dropped 2.1 per cent to $72.69 a barrel....
...Oil prices rose on Thursday, with Brent crude up almost 2 per cent on the day at $78 a barrel....
...Brent crude, the international oil benchmark, initially rallied on news of the cuts but then reversed to trade down on the day, with the contract for delivery in February losing more than 2 per cent to trade...
...Energy Source is written and edited by Jamie Smyth, Myles McCormick, Amanda Chu, Tom Wilson and David Sheppard, with support from the FT’s global team of reporters....
...Crude oil prices also reversed earlier losses, with Brent, the international benchmark, rising 0.6 per cent to $94 a barrel....
...Oil prices were little changed on Friday, with the international benchmark Brent crude up 0.3 per cent at $76.84 a barrel....
...Exchange and regulatory data suggested hedge fund positioning had exacerbated the near 30 per cent move higher in prices since June, with a surge in buying accelerating in the past two weeks for both Brent...
...Brent crude, the international oil benchmark, edged down as trading began in Asia....
...Anyway it sounds like David Brent telling staff he’s less a boss than a chilled out entertainer. And since they rebranded the business as Abrdn, shouldn’t it be a Ftrst anyway?...
...david.sheppard@ft.com...
...Energy company stocks have been bolstered in part by a rising oil price, with Brent crude surpassing $95 a barrel for the first time this year on Tuesday....
...Brent crude has slipped back towards $83 a barrel in the past two weeks dragging diesel lower with it, as traders have focused on wider threats to the global economy and a possible slow down in oil demand...
...The price Russia is getting for its oil is still below Brent, the crude benchmark which averaged $89 a barrel in October....
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