Latest Brent crude markets News

Asian shares mostly decline on global technology downturn

Aug. 08, 2022 23:57 PM EDT

TOKYO (AP) — Asian shares mostly declined Tuesday amid a global fall in technology shares, including Japan's SoftBank, which has reported hefty losses caused by the market downturn. Such worries are coming on top of concerns about inflation and what central banks might do to curb...

Closing prices for crude oil, gold and other commodities

Aug. 08, 2022 15:25 PM EDT

Benchmark U.S. crude oil for September delivery rose $1.75 to $90.76 a barrel Monday. Brent crude for October delivery rose $1.73 to $96.65 a barrel. Wholesale gasoline for September delivery rose 3 cents to $2.89 a gallon. September heating oil fell 4 cents to $3.18 a gallon....

Asian stocks mixed after US job gain paves way for rate hike

Aug. 08, 2022 00:06 AM EDT

BEIJING (AP) — Asian stocks were mixed on Monday after strong U.S. jobs data cleared the way for more interest rate hikes and China reported its exports rose by double digits. Shanghai and Tokyo advanced while Hong Kong and Seoul retreated. Oil prices edged higher. ...

Closing prices for crude oil, gold and other commodities

Aug. 05, 2022 15:27 PM EDT

Benchmark U.S. crude oil for September delivery rose 47 cents to $89.01 a barrel Friday. Brent crude for October delivery rose 80 cents to $94.92 a barrel. Wholesale gasoline for September delivery rose 7 cents to $2.86 a gallon. September heating oil fell 12 cents to $3.22 a gallon....

Asian stock markets rise ahead of US jobs data

Aug. 04, 2022 23:50 PM EDT

BEIJING (AP) — Asian stock markets rose Friday ahead of an update on the health of the U.S. jobs market while the Federal Reserve weighs whether more rate hikes are needed to cool surging inflation. U.S. futures and oil prices edged higher. Investors were looking...

Closing prices for crude oil, gold and other commodities

Aug. 04, 2022 15:38 PM EDT

Benchmark U.S. crude oil for September delivery fell $2.12 to $88.54 a barrel Thursday. Brent crude for October delivery fell $2.66 to $94.12 a barrel. Wholesale gasoline for September delivery fell 12 cents to $2.79 a gallon. September heating oil fell 7 cents to $3.34 a gallon....

Asian shares rise on optimism on economic data, earnings

Aug. 03, 2022 23:55 PM EDT

TOKYO (AP) — Asian shares mostly rose Thursday as investors welcomed encouraging economic data and quarterly earnings reports from big companies. Benchmarks rose across the region, including Japan, China, Australia and South Korea. The gains followed a strong rally on Wall Street....

Closing prices for crude oil, gold and other commodities

Aug. 03, 2022 15:32 PM EDT

Benchmark U.S. crude oil for September delivery fell $3.76 to $90.66 a barrel Wednesday. Brent crude for October delivery fell $3.76 to $96.78 a barrel. Wholesale gasoline for September delivery fell 15 cents to $2.91 a gallon. September heating oil rose 3 cents to $3.41 a gallon....

OPEC+ boosts oil output by slower pace than previous months

Aug. 03, 2022 11:11 AM EDT

The OPEC oil cartel and its allies decided Wednesday to boost production in September by a much slower pace than in previous months at a time of high gasoline prices and unstable energy supplies exacerbated by Russia's war in Ukraine. OPEC, led by Saudi Arabia, and its allies, led...

Asian stocks higher as US-China tensions rise

Aug. 03, 2022 00:09 AM EDT

BEIJING (AP) — Asian stock markets rose Wednesday as traders watched for signs trade might be disrupted by U.S.-Chinese tensions over an American lawmaker's visit to Taiwan. Shanghai, Hong Kong, Tokyo and Seoul advanced after Beijing announced a ban on imports of some Taiwanese...