Energy markets mostly higher in Friday trading, led by crude gains
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Energy markets mostly higher in Friday trading, led by crude gains
Energy prices were broadly higher in afternoon trading Friday (May 15, 2026), with benchmark crude oil futures posting gains as traders tracked shifting supply signals across global markets. As of 2:01 pm Friday in Tokyo, WTI was up $1.24 at $102.41, a 1.23% increase. Brent crude rose $1.24 to $106»»»
Iraq Raises June Basrah Medium Crude Price to Asia to $4.30 a Barrel
Iraq has raised the June official selling price for Basrah Medium crude oil to Asia to $4.30 a barrel against the average of Oman/Dubai quotes from the May OSP of $17.30 a barrel, state-owned Iraqi oil marketer SOMO said on Sunday. Basra Heavy to Asia in the same month was priced at $2.20 a barrel »»»
Kuwait raises May crude prices for Asia, pricing document shows
Kuwait has raised the official selling price for Kuwait Export Crude to Asia in May to $17 a barrel above the average of Oman/Dubai quotes from a premium of $0.50 in April, a price document reviewed by Reuters showed on Monday, Reuters reported. The news came after the U.S. military said it would»»»
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