Brent Oil
Brent Crude is extracted from the North Sea near Europe; its oil fields include Brent, Ekofisk, Forties, and Oseberg.
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OPEC+ Mulls Accelerated Output Hike in June, Eyes Increase of Up to 400,000 Bpd
The June WTI (CLM25) contract settled at 58.29 (-0.95) [-1.60%], high of 59.87, low of 57.74. Cash price is 59.24 (+1.04). Open interest…
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Commodity Market Roundup- April’s Top Performers and Underperformers
A weaker dollar index and a decline in the long-term bond prices were competing bullish and bearish factors for commodities…
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Oil Prices Hit Four Year Low at $58
Oil prices have plummeted to their lowest level in four years, with West Texas Intermediate (OIL.WTI) crude dropping more than…
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Crude Prices Moderately Higher on Hopes of De-Escalation of Tariffs
June WTI crude oil (CLM25) Friday closed up +0.23 (+0.37%), and June RBOB gasoline (RBM25) closed up +0.0109 (+0.52%). Crude…
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Let’s Talk Commodities – Oil, Natgas, Cocoa And Gold
Oil: Oil prices hold near 2-week highs. WTI crude is around $63 per barrel. However, the price saw a decline…
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WTI Moved Lower on Higher Than Expected Crude Inventories
02:30 PM GMT, United States – EIA Data: Crude Oil Inventories: actual 0.515M; forecast 0.400M; previous 2.553M; Crude Oil Imports: actual -2.044M; previous…
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Commodities – Oil, Gold, Natgas And Copper
Goldman Sachs, in its latest report, expects a lower trading range for Brent crude of $59–63 per barrel this year…
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Energy Demand Concerns Undercut Crude Prices
May WTI crude oil (CLK25) Tuesday closed down -0.20 (-0.33%), and May RBOB gasoline (RBK25) closed up +0.0022 (+0.11%). Crude…
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OPEC Trims Demand Forecasts
The Organization of the Petroleum Exporting Countries (Opec) has lowered its projections for global oil demand growth in both 2025…
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Oil: Tariff relief vs Iranian talks – ING
The oil market is quiet in early morning trading today, after settling lower for a second consecutive week last week.…
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