UBS analysts believe concerns about hurricane disruptions should not discourage investors on crude oil. Brent Crude Oil ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
Concurrently, the latest data from the US Department of Energy showing a decrease in crude oil inventories by 1.63 million ...
Brent Crude and Heating Oil at their lowest hedge fund position estimates for the past year. Gasoline is very near its lowest hedge fund level for the year. Relative Price and Positioning Relative ...
WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $95.52 on Sep. 27, 2023. That’s 27.27% higher than the current futures price. Brent futures rose ...
Citigroup on Sunday said it believes OPEC and allied producers, known as OPEC+, will likely extend current output cuts into 2025 and predicted Brent crude prices could rally to $75/bbl or more over ...
Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters and said the global oil market is facing a ...
Brent crude oil prices dropped below $70 a barrel, the lowest since December 2021. OPEC+ downgraded 2024 oil demand growth ...
U.S. and international crude oil futures skidded to their lowest levels in more than a year after the influential oil ...
Trafigura, one of the world's largest independent oil traders, has predicted that Brent oil prices will soon fall into the ...
The main international oil contract, Brent crude, fell below $70 per barrel on Tuesday for the first time since December 2021 amid concerns about slowing economic growth depressing fuel demand.