EURUSD 1.1156 -0.07%
#BK 46.15 -0.11%
#KHC 31.86 -0.31%
#UTX 135.38 -0.47%
GBPUSD 1.2663 -0.34%
#C 64.64 -2.21%
#KO 49.64 2.18%
#VZ 59.24 -0.39%
USDJPY 110.25 -0.29%
#CAT 123.52 -1.08%
#MCD 199.94 0.08%
#WMT 102.23 1.12%
USDCHF 1.0090 -0.19%
#CL 61.36 -2.30%
#MDLZ 52.08 -0.19%
#XOM 75.54 -0.90%
USDCAD 1.3433 0.22%
#CSCO 55.66 -1.51%
#MMM 169.72 1.48%
AUDCAD 0.9237 0.17%
EURJPY 122.94 -0.37%
#DIS 133.85 -0.15%
#MO 52.79 1.78%
AUDCHF 0.6941 -0.23%
EURCHF 1.1255 -0.27%
#DWDP 31.71 -0.79%
#MRK 80.98 1.88%
AUDJPY 75.78 -0.33%
GBPJPY 139.59 -0.62%
#EBAY 36.30 -0.72%
#MSFT 127.67 0.66%
AUDUSD 0.6881 -0.04%
GBPCHF 1.2777 -0.52%
#F 9.95 -2.81%
#NG 2.552 -2.63%
CADCHF 0.7508 -0.41%
GOLD 1273.67 -0.05%
#GE 9.89 -0.51%
#NOK 5.11 0.59%
CADJPY 82.05 -0.50%
#AA 24.23 -2.06%
#GOOG 1151.10 0.08%
#ORAN 15.38 -0.20%
CHFJPY 109.15 -0.10%
#AAPL 182.62 -2.09%
#HD 188.85 -1.37%
#PFE 41.98 0.81%
CRSIDX 10312.9 0.30%
#ADBE 281.72 1.32%
#HON 169.27 -0.17%
#PG 106.71 0.36%
EURAUD 1.6221 -0.02%
#AIG 52.56 0.17%
#HPQ 19.18 -1.36%
#QQQ 181.01 -0.40%
EURGBP 0.8807 0.25%
#AMD 27.41 0.26%
#IBM 136.32 -0.05%
#S 6.67 -7.80%
NZDCAD 0.8721 0.05%
#AMZN 1859.17 0.16%
#INTC 43.97 -1.11%
#SNE 50.47 -1.01%
NZDCHF 0.6551 -0.34%
#AXP 120.01 -0.41%
#IP 43.89 -1.39%
#SPY 285.63 -0.27%
NZDJPY 71.57 -0.43%
#BA 352.66 -1.70%
#JNJ 138.73 0.48%
#T 32.26 -0.43%
SILVER 14.42 0.00%
#BAC 28.48 -0.74%
#JPM 110.77 -0.86%
#UL 61.29 1.27%

Oil Futures Settle At Near 6-month High

23.04.2019 15:08 (UTC +0)

Crude oil prices ended notably higher, extending gains from previous session, amid rising prospects of a shortage in crude supply in the global market.

The U.S. government's decision to stop granting sanctions waivers that allow limited imports of Iranian crude pushed oil prices up north on Monday and the trend continued today as well.

West Texas Intermediate Crude oil futures for June ended up $0.75, or 1.1%, at $66.30 a barrel, a near six-month high.

Brent crude futures for June rose to a high of $74.73, the best level in about six months, before dropping down to around $74.55 a barrel.

On Monday, crude oil futures for June ended up $1.70, or 2.66%, at $65.70 a barrel.

The U.S. on Monday came out with an announcement on Monday, saying it would not extend waivers to buy Iranian crude oil for India, China, Turkey, Japan and South Korea when those waivers expire early next month.

The buyers of Iranian oil have to stop purchases by May 1 or face sanctions, it said.

Following U.S.'s decision, Iran has threatened that it will shut the Strait of Hormuz, a key chokepoint for Persian Gulf crude producers, according to a report in Bloomberg.

Saudi Arabia's energy minister Khalid Al-Falih said in a statement that the country would coordinate with other crude producers to ensure that adequate supplies are available and the market "does not go out of balance."

"In the next few weeks, the Kingdom will be consulting closely with other producing countries and key oil consuming nations to ensure a well-balanced and stable oil market, for the benefits of producers and consumers as well as the stability of the world economy."

Meanwhile, traders are looking ahead to the weekly oil reports. The American Petroleum Institute is scheduled to release its weekly oil report later in the day, while the Energy Information Administration's crude inventory data is due Wednesday morning.



Powered by MT5 Forex portal.

>> Back to list
FOREX quotes
EURUSD 1.1156 -0.07%
GBPUSD 1.2663 -0.34%
USDJPY 110.25 -0.29%
USDCHF 1.0090 -0.19%
USDCAD 1.3433 0.22%
EURJPY 122.94 -0.37%
EURCHF 1.1255 -0.27%
GBPJPY 139.59 -0.62%
GBPCHF 1.2777 -0.52%
GOLD 1273.67 -0.05%
#AA 24.23 -2.06%
#AAPL 182.62 -2.09%
#ADBE 281.72 1.32%
#AIG 52.56 0.17%
#AMD 27.41 0.26%
#AMZN 1859.17 0.16%
#AXP 120.01 -0.41%
#BA 352.66 -1.70%
#BAC 28.48 -0.74%
#BK 46.15 -0.11%
#C 64.64 -2.21%
#CAT 123.52 -1.08%
#CL 61.36 -2.30%
#CSCO 55.66 -1.51%
#DIS 133.85 -0.15%
#DWDP 31.71 -0.79%
#EBAY 36.30 -0.72%
#F 9.95 -2.81%
#GE 9.89 -0.51%
#GOOG 1151.10 0.08%
#HD 188.85 -1.37%
#HON 169.27 -0.17%
#HPQ 19.18 -1.36%
#IBM 136.32 -0.05%
#INTC 43.97 -1.11%
#IP 43.89 -1.39%
#JNJ 138.73 0.48%
#JPM 110.77 -0.86%
#KHC 31.86 -0.31%
#KO 49.64 2.18%
#MCD 199.94 0.08%
#MDLZ 52.08 -0.19%
#MMM 169.72 1.48%
#MO 52.79 1.78%
#MRK 80.98 1.88%
#MSFT 127.67 0.66%
#NG 2.552 -2.63%
#NOK 5.11 0.59%
#ORAN 15.38 -0.20%
#PFE 41.98 0.81%
#PG 106.71 0.36%
#QQQ 181.01 -0.40%
#S 6.67 -7.80%
#SNE 50.47 -1.01%
#SPY 285.63 -0.27%
#T 32.26 -0.43%
#UL 61.29 1.27%
#UTX 135.38 -0.47%
#VZ 59.24 -0.39%
#WMT 102.23 1.12%
#XOM 75.54 -0.90%
AUDCAD 0.9237 0.17%
AUDCHF 0.6941 -0.23%
AUDJPY 75.78 -0.33%
AUDUSD 0.6881 -0.04%
CADCHF 0.7508 -0.41%
CADJPY 82.05 -0.50%
CHFJPY 109.15 -0.10%
CRSIDX 10312.9 0.30%
EURAUD 1.6221 -0.02%
EURGBP 0.8807 0.25%
NZDCAD 0.8721 0.05%
NZDCHF 0.6551 -0.34%
NZDJPY 71.57 -0.43%
SILVER 14.42 0.00%
Powered by CorsaCapital