Brent crude reaches highest level since October 2023. Brent crude ended last week at USD 87.48/b. The highest close since October last year. Ydy it traded in...
US commercial crude and product stocks will now most likely start to rise on a weekly basis and not really start to decline again before in...
Initially, Brent Crude experienced a decline yesterday following the release of US crude inventories data. However, nationwide US crude inventories, excluding those held in the Strategic...
Few strong drivers this morning so Brent hands back a little of its latest gains. Brent crude gained another 0.6% ydy with a close at USD 87.38/b...
Positive China data and further attacks on Russian oil processing facilities lifts Brent yet higher. Brent crude gained 4.1% last week with a close on Friday 15...
Brent crude hurt by fear of higher for longer US rates and lukewarm Chinese economy. Brent crude traded between USD 81.72/b and USD 84.08/b last week and...
Good recovery last week. Mostly sideways this morning. Brent crude gained 2.4% last week with a close of USD 83.55/b with most of this gain being a...
Back to its sideways trade range and inching almost unnoticeable higher as the year progresses. Brent crude is up 0.2% this morning to USD 82.7/b along with...
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...
