Brent rose 6% last week as hopes for a reopening faded. Brent crude rose 6% last week as hopes for ”an imminent reopening” of the SoH, as...
The SoH doesn’t look like it will open any time soon sending Brent crude sharply higher. The Brent crude M1 contract has rebounded sharply since the middle...
Brent M1 moving below the 200 dma of $78.7/b. Brent crude continued its move lower yesterday with a decline of 3.3% to $77.9/b. This morning it is...
Selling down on a ”deal”. Brent crude fell 6.2% last week with accelerated weakness towards the end of the week. Close of the week at $87.33/b and...
Market is starting to take US/Iran headlines with a pinch of salt. Brent crude rose $2.8/b yesterday to an official close of $112.1/b. But after that it...
Brent is climbing higher. Front-month is at USD 106.3/bl this morning, close to a weekly high and a USD 9/bl jump from Mondays open. This is the...
Down on Friday. Up on Monday. The Brent June crude oil contract traded down 5.1% last week to a close of $90.38/b. It reached a high of $103.87/b...
Wild moves yesterday. Brent crude traded to a high of $114.43/b and a low of $96.0/b and closed at $99.94/b yesterday. US – Iran negotiations ongoing or...
A brief sigh of relief yesterday as oil infra at Kharg wasn’t damaged. But higher today. Brent crude dabbled around a bit yesterday in relief that oil...
Closing at highest since Aug 2022. Brent crude gained 9.2% yesterday. The trading range was limited to $95.2 – 101.85/b with a close at $100.46/b and higher...
