Brent crude futures dropped 92 cents, or 0.9%, to $103.36 a barrel, while US West Texas Intermediate fell 75 cents, or 0.8%, to $90.74 by 7.32 am WAT, according to Reuters. These were intraday prices.
Brent traded at $102.28 by 4.50 am Nigerian time, down three cents, while US West Texas Intermediate stood at $92.68, down 19 cents. Both were intraday prices reported by Reuters.
Brent crude futures fell $2.16, or 2.08 percent, to $101.71 a barrel by 0213 GMT, after touching their lowest level since September 10. US West Texas Intermediate crude declined $2.15, or 2.14 percent, to $98.15 a barrel.
Brent crude futures fell $2.67, or 2.5 percent, to $103.13 a barrel, from around $105 on Wednesday, according to Reuters. US West Texas Intermediate crude declined $1.61, or 1.6 percent, to $100.82 a barrel.
Brent crude, the international benchmark for oil trading, climbed about 2.7 percent to trade at approximately $100.57 per barrel for November delivery contracts, while the US benchmark, West Texas Intermediate (WTI), rose nearly 2 per cent to around $95 per barrel.
Brent crude futures climbed to an intraday high of $99.46 per barrel, its highest level since July 24, before easing to settle at $97.92. US West Texas Intermediate crude also rose to a six-week high, settling at $93.03 per barrel.
Brent crude, the global benchmark, rose 3.4 percent to $91.10 a barrel, while US West Texas Intermediate (WTI) gained 3.6 percent to $86.40, according to the latest market report.
April 07, (THEWILL) — The world's most significant crude benchmark, Dated Brent, which measures the real price of physical barrels of crude oil traded, has crossed $150pb according to S&P Global Energy Platts data.
THEWILL reports that the hike is...
The Edo State opposition accuses Governor Monday Okpebholo of making baseless allegations against former governors Godwin Obaseki and Peter Obi, urging him to focus on delivering tangible development rather than deflecting criticism of his administration.
