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...
All eyes are now back at OPEC+ after the recent fall in oil prices along with weakening crude curve structures and weakening economic statistics. OPEC+ will have...
