Over the past week, Brent crude oil prices have averaged just above USD 80 per barrel. Currently, Brent crude is trading at USD 81.5 per barrel,...
Brent crude price inching higher on optimistic that US inflationary pressures are fading. Brent crude closed up 1.1 USD/b ydy to a close of USD 86.39/b which...
US crude oil production has been booming for more than a decade. Interrupted by two setbacks in response to sharp price declines. The US boom has...
Strong gains last week but speculators needs to buy much more to catch up to bullish curve structure. Brent crude added a solid USD 2.6/b last week....
Back up to the 80-line. Brent crude rose to a close of USD 79.87/b yesterday and recovered another 1.9% of its recent losses. This morning Brent crude is...
This week, Brent Crude prices have declined by USD 2.5 per barrel (3%) since the market opened on Monday. The key driver behind this movement was...
From ”price over volume” to ”we want our market share back”. OPEC+ changed its wording big time last Sunday as it essentially shifted its strategy from ”price...
This week, Brent crude prices have declined by USD 2.3 per barrel (2.8%) since Monday’s opening, driven by fundamental market factors. The current price is near...
This week, Brent Crude prices have strengthened by USD 1.2 per barrel since Monday’s opening. While macroeconomic concerns persist, market reactions have been subdued, with price...
Brent rallied 2.5% last week on bullish inventories and bullish backdrop. Brent crude gained 2.5% last week with a close of the week of USD 89.5/b which...
