Oil prices are likely to fall for a fourth straight year as OPEC+ unwinds cuts and retakes market share. We expect Brent crude to average USD...
Price action contained withing USD 2/b last week. Likely muted today as well with US closed. The Brent November contract is the new front-month contract as of...
U.S. commercial crude inventories posted another draw last week, falling by 2.4 million barrels to 418.3 million barrels, according to the latest DOE report. Inventories are...
Pushed higher by falling US inventories and positive Jackson Hall signals. Brent crude traded up 2.9% last week to a close of $67.73/b. It traded between $65.3/b...
Best price since early August. Brent crude gained 1.2% yesterday to settle at USD 67.67/b, the highest close since early August and the second day of gains. Prices...
Brent crude is currently trading around USD 66.2 per barrel, following a relatively tight session on Monday, where prices ranged between USD 65.3 and USD 66.8....
U.S. commercial crude inventories posted a 3-million-barrel build last week, according to the DOE, bringing total stocks to 426.7 million barrels – now 6% below the five-year...
Falling 8 out of the last 10 days with some rebound this morning. Brent crude fell 0.7% yesterday to USD 65.63/b and traded in an intraday range...
Down 4.4% last week with more from OPEC+, a possible truce in Ukraine and weak US data. Brent crude fell 4.4% last week with a close of...
Lower as OPEC+ keeps fast-tracking redeployment of previous cuts. Brent closed down 1.3% yesterday to USD 68.76/b on the back of the news over the weekend that...
