Oil

Brent Crude Oil Futures - Today's data summary

% change
+3.65%
Price dollars per barrel
75.75
Change
+2.67
As of 15:57 07 Dec 2021

WTI Crude Oil Futures - Today's data summary

% change
+4.25%
Price dollars per barrel
72.44
Change
+2.95
As of 15:57 07 Dec 2021

Latest updates

  1. Asian stocks drop on new variant concerns

    Peter Hoskins

    Business reporter, BBC News Singapore

    A Chinese investor checks a computer screen showing share prices at a securities brokerage.

    Financial markets in the Asia-Pacific region have dropped in response to the new variant.

    On Friday, Japan's benchmark Nikkei 225 index was 2.9% lower, the Hang Seng in Hong Kong was down by 2.1% and Australia's S&P/ASX200 was off by 1.4%.

    Global oil prices were also around 2% lower, while gold moved higher.

    Markets in the US were closed on Thursday for the Thanksgiving holiday.

    Futures markets pointed to a lower open for Wall Street on Friday.

  2. UN warns coal, gas and oil producers over their fossil fuel plans

    Video content

    Video caption: The UN says some countries are dangerously out of sync with their climate change targets

    It was agreed at the Paris climate summit, in 2015, that the average temperature worldwide should not be allowed to increase by more than 1.5 celsius.

  3. Video content

    Video caption: California oil: Search for cause in crude oil spill

    The clean-up continues and the cause is still unknown after an oil spill in California.