In the last two weeks,
London oil futures have increased by $ 7 a barrel, closing last week at $ 74.06.
Not exact matches
The energy market could have a new benchmark
oil price when Dubai launches its Middle East sour crude
futures contract as an alternative to New York's NYMEX light crude
oil futures and
London's IPE Brent crude
oil.
Brent crude, which is used to price international varieties of
oil, was down 47 cents to $ 112.86 per barrel on the ICE
Futures exchange in
London.
Brent crude, used to price international varieties of
oil, rose $ 1.33 to $ 108.02 per barrel on the ICE
Futures exchange in
London.
On the New York Mercantile Exchange,
oil futures for June delivery were up 37 cents to $ 114.30 a barrel, while in
London, Brent crude gained 22 cents to $ 126.11.
The Shanghai
oil futures contract is similarly designed to wrest some control over pricing from the main benchmarks in New York and
London — West Texas Intermediate (WTI) and Brent — and to promote the use of the yuan, also known as the renminbi.
Oil futures have fallen about $ 3 a barrel from two weeks ago when
London prices were close to $ 70.
Meanwhile,
London - traded Brent crude
futures, the benchmark for
oil prices outside the U.S., shed 10 cents to settle at $ 74.64 a barrel.
Crude -
oil futures fell sharply in
London trade Monday as the euro - zone bailout for Cyprus» embattled financial sector sent shivers through the market and pushed the dollar higher.
ENT Crude
Oil February 2015
futures tested a six year low of $ 45.19 pbbl on 1/13/2015 at
London ICE — lowest since April 2009.
ENERGY: Benchmark U.S. crude
oil futures added 28 cents to $ 45.11 in electronic trading in the New York Mercantile Exchange while Brent crude, the benchmark for international
oil prices, fell 6 cents to $ 47.20 a barrel in
London.
In a circular to customers Intercontinental Exchange (ICE) said that on 19 February it will move trading on 245
futures and options contracts on North American oil and Natural Gas Liquids from London based ICE Futures Europe to ICE Futu
futures and options contracts on North American
oil and Natural Gas Liquids from
London based ICE
Futures Europe to ICE Futu
Futures Europe to ICE
FuturesFutures US.
Brent crude, used to price many kinds of
oil imported by U.S. refineries, was up 75 cents to $ 110.77 on the ICE
Futures exchange in
London.
West Texas Intermediate
oil futures rose $ 1.12 to $ 51.54 a barrel in New York at 9:41 a.m.
London time.
In 2017,
oil futures contracts in New York and
London outstripped physical trading by a factor of 23.
Oil prices continued to climb last week and are now up nearly $ 8 a barrel in the past month with NY
futures at $ 69.72 and
London $ 74.87.