Brent oil

Brent oil prices Monday shot past $60 a barrel for the first time in more than a year Monday with investors growing increasingly optimistic about demand as the global economy recovers from the coronavirus pandemic. The commodity climbed…

Saudi Arabia and other OPEC members will seek to persuade Russia on Wednesday to join them in large additional oil output cuts to prop up prices which have tumbled by a fifth this year because of the coronavirus outbreak. A technical…

Brent oil futures rose on Friday as the market focused on bearish longer-term factors after gains in the previous session. The gains were driven by U.S. crude inventories in a key hub falling to their lowest in nearly four years.…