home Exploration, Production WTI and Brent crude oil price floating on calm seas after a rough week | City A.M.

WTI and Brent crude oil price floating on calm seas after a rough week | City A.M.

The oil price has remained stable this morning, coming off the back of a week of wild swings.

International benchmark Brent crude this morning is up by around two per cent at $33.08, however US West Texas Intermediate jumped by over over four per cent to $32.84, up from under $30 at the close of oil trading on Friday.

Last week Brent crude swung over 12 per cent between its highs and lows.

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