Brent crude had a strong week last week with four out of five closes at the highest level since late September. Recession fears eased (US 10yr...
Saudi Arabia has lifted its Official Selling Price (OSP) for its Arab Super Light grade for December delivery to the highest premium versus the Dubai benchmark...
Brent crude got a real jolt upwards on Friday with a gain of 2.4% and a close of $61.69/bl. The whole curve moved up in parallel....
The oil market headlines have been bearish, bearish and bearish for a long time now. The physical spot market has been tight (and still is) with...
US crude stocks data ydy showed a build of 9.3 m bl last week which was almost as high as the 10.5 m bl indicated by...
US equities gained 1% yesterday and the USD index pulled back 0.2% but neither commodities in general nor oil prices specifically got any tailwind from that....
Brent crude gained 2.4% on Friday with a close at $60.51/bl on the back of a partial US – China trade deal, Brexit optimism as well...
Baker Hughes US oil rig count has declined by 178 rigs since the recent peak of 888 rigs in mid-November 2018 with latest count now at...
For two days in a row the Brent crude oil price has traded quite hard to the downside during intra-day trading before kicking back up again...
The message from Saudi Arabia is now that it will take longer than first expected before production is fully back to normal. We are also getting...
