Tag: Brent Oil

Brent crude prices drop to $71 as Saudi Aramco cuts prices
News

Brent crude prices drop to $71 as Saudi Aramco cuts prices

Global oil prices, tracked by Brent futures, have fallen to $71 per barrel, remaining below the $75 threshold after Saudi Arabia’s state-owned oil giant, Aramco, implemented deeper-than-expected price cuts for its Asian customers. Aramco’s price reductions are attributed to delays in OPEC’s plans to control production, adding further pressure to efforts aimed at stabilizing global […]

Oil and Gas

Brent oil trades at over $94 per barrel – Report

Brent oil’s price stayed steady at $94.30 per barrel on Monday, September 18, at 5:14 AM (GMT+1), according to an analysis of the global petroleum market’s movements using data from Oil Price. The Times reported that Brent’s price fluctuated over the previous weekend between $93 and $94 per barrel, illuminating a minor market movement. There […]

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