Raw oil prices crashed last week. Brent crude oil Futures on the Intercontinental Exchange (ICE) ($ 66.80/barrel) fell 13.3 percent and the futures of crude oil on the MCX (£ 5,601/barrel) deposited a considerable 12.5 percent. Brent Futures ($ 66.80) Brent crude oil Futures fell sharply on the back of the trend line resistance at […]
The oil prices remained stable on Monday after last week’s win, because the markets were waiting for the outcome of renewed trade negotiations in the US-China in London. Brent remained above $ 66 per barrel after an increase of 4% last week, with West Texas intermediary floating near $ 65.American and Chinese negotiators are planned […]