The latest weekly report from the US DOE showed a substantial drawdown across key petroleum categories, adding more upside potential to the fundamental picture. Commercial crude inventories (excl. SPR)...
A classic case of “buy the rumor, sell the news” played out in oil markets, as Brent crude has dropped sharply – down nearly USD 10 per barrel...
Following the rebound on Wednesday last week – when Brent reached an intra-week high of USD 66.6 per barrel – crude oil prices have since trended...
After a positive start to the week, crude oil prices rose on Monday and Tuesday, with Brent peaking at USD 66.8 per barrel on Tuesday evening....
After a sharp selloff in late April and early May, Brent crude prices bottomed out at USD 58.5 per barrel on Monday, May 5th – the...
Brent crude prices have lost the positive momentum seen from Monday evening through midday yesterday. The price initially bottomed out at USD 65.7 per barrel on...
Brent crude prices initially maintained the gains from late March and traded sideways during the first two trading days in April. Yesterday evening, the price even...
Last week, U.S. crude oil refinery inputs averaged 15.8 million barrels per day, an increase of 87k bl/day from the previous week. Refineries operated at 87%...
Brent crude prices have held onto gains after rising for four consecutive days, increasing by USD 2.8 per barrel over the past week (since last Tuesday)....
Brent crude prices have risen for three consecutive days, gaining USD 1.7 per barrel since last Thursday’s close. On Friday afternoon, prices briefly dipped to USD...
