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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 prices sharply up after Iran escalation
Brent crude tests $85 per barrel amid intensified attacks between the US and Iran Oil prices are rising for the…
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Chart of The Day – Oil, Warsh, and inflation – will the dollar come out on top?
We began the week with significant increases in energy commodity prices and a broad investor retreat from risk. This is,…
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Crude Oil Prices Retreat as US-Iran Peace Talks Set to Continue
Crude oil and gasoline prices gave up an early advance on Friday and moved lower as prices whipsawed on various…
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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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