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Tag Archives: Oil prices

Brent crude oil tops $50

Oil prices rose on Thursday with Brent briefly topping $50 thanks to a weaker dollar and a drop in US crude stockpiles, traders said. Brent North Sea crude reached $50.05 a barrel — breaching $50 for the first time since early last month. Later around 1230 GMT, Brent North Sea …

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Oil hits 2016 high of 43 dollars a barrel

Oil reached a 2016 high, hitting 43 dollars a barrel on Tuesday, and supported by hopes that upcoming meeting of oil producers will agree on steps to tackle a supply glut. The rise was also supported by a weak U.S. dollar and further signs of strong demand in China. oil …

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