Pre. Settlement | N/A |
Settlement date | 2023-04-20 |
Open | 74.37 |
Bid | 75.59 |
Last price | 74.37 |
Day's range | 73.77 - 75.65 |
Volume | |
Ask | 75.58 |
(Bloomberg) -- Gulf Keystone Petroleum Ltd. will become the latest oil producer in Iraqi Kurdistan to cut production, as a legal spat between the region’s government and Baghdad that’s pushed up crude prices drags on.Most Read from BloombergTrump Faces Fingerprints, Mug Shot After Dramatic IndictmentWorld’s Top-Rated Airport Sees Immigration System RestoredTrump to Be Arraigned Next Week After Historic IndictmentUS Air Force Plans to End Lockheed Hypersonic Weapon ProgramA $3 Trillion Threat to
Oil prices traded higher Friday, boosted by signs of recovery in China’s economy and slightly cooler than expected U.S. inflation data. By 08:45 ET (12:45 GMT), U.S. crude futures traded 0.5% higher at $74.75 a barrel, while the Brent contract rose 0.1% to $78.69 a barrel. Data released Friday showed that the U.S. core personal consumption expenditures index rose just 0.3% in February, below the 0.4% expected, while the annual figure came in at 4.6%, below the 4.7% predicted.
(Bloomberg) -- The European Commission told member states that a $60-a-barrel cap on the price of Russian oil is proving effective in hurting the Kremlin’s access to petrodollars while not disrupting the market, and will remain unchanged for now.Most Read from BloombergTrump Faces Fingerprints, Mug Shot After Dramatic IndictmentWorld’s Top-Rated Airport Sees Immigration System RestoredTrump to Be Arraigned Next Week After Historic IndictmentUS Air Force Plans to End Lockheed Hypersonic Weapon Pr