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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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Oil: Brent retraces gains on fragile ceasefire – Rabobank
Rabobank strategist Molly Schwartz notes that Brent Oil traffic through the Strait of Hormuz remains constrained despite a nominal ceasefire…
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Chart of The Day – Oil slides from $80 despite USA – Iran tensions. What’s next?
Brent crude (OIL) rallied on the back of the latest escalation in the Middle East, but despite strikes on Iranian…
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Will oil return to $100 per barrel? Trump points to the end of the ceasefire
The situation in the oil market is turning 180 degrees after less than a month. After testing the area of…
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Oil price surge on US/Iran
Key takeaways Diplomatic efforts to end the war hit a stumbling block Oil majors surge Why oil price gains could…
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Brent Climbs After LNG Carrier Hit Near Hormuz
Brent crude rose toward $73 per barrel on Tuesday, reaching a one-week high after a fully laden LNG carrier owned…
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WTI rises above $69.00 as Iran strikes commercial vessels in Hormuz
WTI gains ground following renewed geopolitical tensions in the Strait of Hormuz. Iran fired at least two missiles at commercial…
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OPEC+ agrees on raising output targets, starting in August
The Organization of Petroleum Exporting Countries and its allies (OPEC+), including Russia, agreed to raise their output targets by 188,000…
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Three Markets to Watch Next Week – OIL, US100, NZD/USD
As we enter the new trading week immediately following an extended holiday weekend in the United States, where the nation…
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Brent Hovers Near Pre-War Levels
Brent crude oil prices fluctuated around $72 a barrel in thin Friday trading, hovering near levels last seen before the…
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Oil Price Erases Geopolitical Premium Faster Than After the Conflict with Russia. Is This the End or the Beginning of the Declines?
Key takeaways Brent crude prices have fallen to around $70 per barrel, successfully erasing the geopolitical risk premium that arose…
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