Price actionBrent crude is currently trading at USD 81.4 per barrel, marking a decline from its February peak of USD 83.6 per barrel recorded yesterday (February...
Small gains with low conviction this morning. But we don’t think Brent can resist the upside. Brent crude rebounded 0.9% ydy with a close at USD 77.99/b...
Brent crude is presently trading at USD 80.4 per barrel, having declined from its New Year high of USD 84.6 per barrel on January 29th, marking...
Brent took a breather ydy following good gains since mid-Jan. Brent crude took a breather and fell back 1.4% yesterday to USD 82.4/b following a gradual rise...
The Brent crude oil price has seen some good gains lately and mostly it has been explained with rising Mid-East tensions. But if we use the...
Risk off across the board with oil down 2%. Trading strategies looks fixed at sell-on-rallies ignited by Mid-East tensions. It is of course a risk-off day today...
Brent crude is jumping 2.6% to USD 79.4/b this morning following the US/UK attack on more than 60 Houthi rebel targets in Yemen. The US/UK is...
Last week, Brent crude experienced a notable gain of USD 1.7/b, concluding Friday at USD 78.8/b, propelled by escalating risks in the Middle East. However, this...
2024 looks to be a very good year for OPEC+. IEA’s crystal ball projects a marginal 0.2 m b/d decline in the need for oil from...
Thumbs down was first reaction by financial market. The market gave the decision from the latest OPEC+ meeting an unexpectedly bearish reception. Yes, it was an unusual...
