UBS analysts believe concerns about hurricane disruptions should not discourage investors on crude oil. Brent Crude Oil ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
Concurrently, the latest data from the US Department of Energy showing a decrease in crude oil inventories by 1.63 million ...
Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in U.S. interest rates and ...
Brent crude for November delivery decreased 39 cents, or 0.52 percent, to settle at 74.49 dollars a barrel on the London ICE Futures Exchange.
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in U.S. interest rates and ...
Brent Crude and Heating Oil at their lowest hedge fund position estimates for the past year. Gasoline is very near its lowest hedge fund level for the year. Relative Price and Positioning Relative ...
Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters and said the global oil market is facing a ...
Brent crude oil prices dropped below $70 a barrel, the lowest since December 2021. OPEC+ downgraded 2024 oil demand growth ...
Citigroup on Sunday said it believes OPEC and allied producers, known as OPEC+, will likely extend current output cuts into 2025 and predicted Brent crude prices could rally to $75/bbl or more over ...
Gold prices surged to a record high as the Federal Reserve cut rates, while oil prices gained on falling stockpiles.