Brent Oil
Brent Crude is extracted from the North Sea near Europe; its oil fields include Brent, Ekofisk, Forties, and Oseberg.
-
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…
Read More » -
Commodities – Oil, Gold, Natgas And Copper
Crude Oil: Goldman Sachs, in its latest report, expects a lower trading range for Brent crude of $59–63 per barrel…
Read More » -
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…
Read More » -
OPEC Trims Demand Forecasts
The Organization of the Petroleum Exporting Countries (Opec) has lowered its projections for global oil demand growth in both 2025…
Read More » -
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.…
Read More » -
Oil Prices Hit Four Year Low
WTI crude prices plunged to a four-year low amid a double blow from OPEC+ production increases and President Trump’s new trade policies…
Read More » -
Oil – WTI Indicating Recessionary Vibes
WTI crude at its lowest since February 2021 in response to reciprocal tariffs Oil continues its strong declines following yesterday’s…
Read More » -
Oil – WTI Down Over 6% While China’s Response to Tariffs Continues Sell-off
The sell-off continues after China’s swift response to tariffs announced on Wednesday 📌 Wall Street sentiment remains extremely negative after…
Read More »